$USDC

USDC (USD Coin) is a stablecoin pegged to the U.S. dollar, but its mystery lies in who truly controls its ecosystem. Jointly developed by Circle and Coinbase, it claims full backing by dollar reserves, yet questions arise over transparency of audits and asset quality. Unlike decentralized cryptocurrencies, USDC is centralized, meaning it can be frozen or blocked—raising concerns about control and surveillance. Its growing role in DeFi and global finance adds intrigue: is it a bridge to mainstream adoption or a Trojan horse for centralized financial power in the crypto world? The balance between trust and control remains puzzling.