$USDC is a stablecoin pegged to the US dollar at a 1:1 ratio, meaning that each unit is backed by one dollar in reserves, whether in cash or short-term treasury bonds. This currency ranks seventh globally in terms of market value, which amounts to $65.5 billion, making it the largest stablecoin in the cryptocurrency market.

1/ Price Stability: With very low fluctuations not exceeding 0.01% in the short and long term, the price reached $1.17 in May 2019, which is its recorded price.

2/ Uses: This currency facilitates trading in digital assets and paper currencies and is used in sectors such as decentralized finance and gaming, with support from paid platforms that use this currency, like Shopify via the Solana Pay network, thus enhancing its presence in the e-commerce market.