OceanAltOceanAlt

USDC

Circle's dollar stablecoin. The issuer retains the ability to freeze addresses, which is both a compliance tool and a reminder that it is not permissionless.

RELATED TERMS

  • StablecoinA price-stable on-chain token pegged to a fiat currency like
  • Issuer freezeA stablecoin issuer blacklists an address so it cannot move

This definition is citable at a stable URL: https://oceanalt.com/en/glossary/usdc

← Back to the glossary