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Mar 12

USDC and current situation

USDC stands for USD Coin, which is a stablecoin that is pegged to the US dollar at a 1:1 ratio. It was launched in 2018 as a joint venture between Circle and Coinbase, two prominent companies in the cryptocurrency industry. The goal of USDC is to provide a stable and reliable digital currency that can be used for transactions and as a store of value. As of March 2023, USDC is one of the largest stablecoins in terms of market capitalization. According to CoinMarketCap, its market cap is curren...

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