$USDC

$USDC refers to USD Coin, one of the most prominent stablecoins in the cryptocurrency ecosystem.

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🔹 What is USDC?

USDC (USD Coin) is a fiat-collateralized stablecoin, meaning it's pegged 1:1 to the U.S. dollar and backed by dollar-denominated assets held in reserve.

Issuer: Managed by Circle, with initial backing from the Centre Consortium (founded by Circle and Coinbase).

Blockchain: Available on multiple chains, including Ethereum, Solana, Avalanche, Base, and others.

Use Cases:

Crypto trading and DeFi (decentralized finance)

Cross-border payments and remittances

On-chain savings and lending

Dollar-denominated settlement for businesses

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🔹 Why It Matters in the Context of #BigTechStablecoin

If Big Tech enters the stablecoin space (e.g., Apple launching a coin integrated into Apple Pay or Amazon using a native digital dollar), USDC becomes a benchmark and possibly a competitor.

**Comparative Advantages of