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Web3 glossary

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Term
Definition
USDC

USDC is the second largest stablecoin that is pegged to the US Dollar. It is created by Circle.

Utility

Utility is used to refer to a coin’s functionality. What does it do? How does it add value?

Utility NFTs

Utility NFTs have real-world benefits beyond their intrinsic value as digital assets. Utility NFTs can be used to access exclusive content, function as a ticket to an event and even verify the ownership of physical assets such as real estate.