#GENIUS稳定币法案 USDC (USD Coin) is a stablecoin backed by the US dollar, launched in collaboration by American companies Circle and Coinbase, representing a centralized stablecoin. USDC is pegged 1:1 with the US dollar, and for every USDC issued, an equivalent amount of US dollars or highly liquid assets must be held in reserve in a custodial account to ensure its value stability. As a stablecoin, USDC is widely used in cryptocurrency trading, cross-border payments, DeFi ecosystems, and digital asset settlements, providing users with a stable and efficient medium of exchange. USDC has high transparency, with reserve funds subject to regular audits, but it also carries risks of freezing or being affected by policies due to its regulation by centralized institutions.