#USDC✅ In cryptocurrency, what is USDC? A stablecoin, also known as USDC (USD Coin), is a type of cryptocurrency. It is designed to always be worth one dollar, making it much more stable than other cryptocurrencies like Bitcoin and Ethereum, whose values can fluctuate significantly. How does it function? Circle, the company behind USDC, holds $1 worth of safe assets or real money in reserve for each coin. Because of this, USDC is trusted and well-liked by people who want to hold or move money using cryptocurrency without having to worry about big price swings. In crypto apps, USDC is frequently used to trade, save, or send money around the world quickly and cheaply. It is also regulated and open, and it is regularly audited to show that the money behind it is real.
