USDC is a stablecoin backed by Circle, valued at approximately 1 US dollar. USDC is characterized by stability, transparency, and regulatory compliance, making it a low-risk investment. It can be used in digital payments, investments, and decentralized financial applications. It is backed by real assets such as cash and US Treasury bonds, and Circle provides independent monthly reports on the reserve assets. The market capitalization of USDC is around 61.5 billion dollars, with a large trading volume. $SOL