$USDC

USD Coin ($USDC) is a fully backed stablecoin pegged to the U.S. dollar, issued by Circle in collaboration with Coinbase. It operates on multiple blockchains, including Ethereum, Solana, and Algorand, ensuring fast and low-cost transactions. Each USDC token is backed by equivalent U.S. dollar reserves held in regulated financial institutions. It is widely used for payments, DeFi applications, and remittances. Unlike volatile cryptocurrencies, USDC provides stability, making it a preferred choice for businesses and traders. As a transparent and regulated digital asset, USDC plays a crucial role in bridging traditional finance with blockchain-based financial services.