$USDC

USDC (USD Coin) is a popular stablecoin pegged to the U.S. dollar, designed to maintain a 1:1 value ratio with the dollar. It is issued by Circle and supported by regulated financial institutions, making it one of the most widely used stablecoins in the cryptocurrency ecosystem. USDC is primarily used for transactions, remittances, and as a stable store of value within decentralized finance (DeFi) applications. It operates on multiple blockchains, including Ethereum, Solana, and Binance Smart Chain, allowing users to move funds seamlessly across different platforms. USDC is fully backed by reserves, which are regularly audited to ensure transparency and trust. As a stable asset, USDC offers crypto users a reliable means to hedge against volatility in the market.