$USDC

What is USDC (USD Coin)?

USDC is a stablecoin that is backed 1:1 by the US dollar. This means that for every 1 USDC, there is 1 US dollar held in reserve. It was created jointly by Circle and Coinbase and operates on Ethereum, Solana, Base, and other blockchains.

Key Features:

Stable Value: The price is almost always $1.

Transparency: Every month, it undergoes an audit by a third party to prove that there is an equivalent amount of money for each USDC in circulation.

Fast & Global: USDC can be sent around the world in a matter of seconds without needing bank permission.

DeFi & Trading: USDC is easily used on DeFi platforms and exchanges.

USDC is considered a safe, fast, and stable digital currency, especially for those who want the benefits of crypto without excessive volatility.