The Crypto Ambitions of 'Perpetual Runner-up' USDC

"Backed by Coinbase and Circle, USDC at the beginning of 2021 has started gearing up. On Twitter, Circle's founder seems unable to sit still." In the stablecoin market, USDT issued by Tether has left a significant mark with its first-mover advantage. However, issues such as opaque account funds, collateral ratio problems, and allegations of arbitrary USDT issuance have repeatedly appeared, causing the market to question USDT multiple times and allowing the 'latecomers' in the stablecoin market to find their direction for growth.