$USDC O USDC (USD Coin) is a stable cryptocurrency issued by Circle, which is pegged to the US dollar. Each USDC is backed by one US dollar in reserve or by other approved investments ¹. This means that the value of USDC is always equivalent to the value of the US dollar, making it a popular option for online financial transactions.

USDC is issued as an ERC-20 token on the Ethereum platform and is also available on other blockchain platforms such as Polygon and Solana ¹. Additionally, USDC is supported by various cryptocurrency exchanges, including Coinbase ².

One of the main advantages of USDC is its stability relative to the US dollar, which makes it an attractive option for investors looking to minimize volatility risk. Furthermore, USDC is a popular choice for cross-border transactions, as it allows users to make fast and secure transactions without the need for financial intermediaries.

However, it is important to note that USDC is not a decentralized cryptocurrency, as it is issued and controlled by Circle. Additionally, USDC is subject to regulations and government oversight, which may affect its liquidity and availability ¹.