$USDC USD Coin (USDC) is a fully backed stablecoin pegged 1:1 to the U.S. dollar, designed to maintain price stability in the crypto market. Launched in 2018 by Circle and Coinbase under the Centre consortium, USDC operates on multiple blockchains, including Ethereum, Solana, and Avalanche. It’s widely used for trading, payments, and decentralized finance (DeFi). USDC’s reserves are held in regulated U.S. financial institutions and are regularly audited, ensuring transparency and trust. Unlike volatile cryptocurrencies, USDC offers a secure option for storing and transferring value. Its role in bridging traditional finance and crypto makes it essential for global digital transactions.

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