$USDC – a stablecoin pegged to the US dollar 1:1, however it has currently deviated. Issued by the Centre consortium (Circle and Coinbase). Each USDC is backed by dollars or short-term US government bonds, which is confirmed by monthly audits.
Used for fast and cheap transactions in the crypto space, trading on exchanges, DeFi, and settlements. Works on Ethereum, Solana, Avalanche, and other networks. Fees depend on the blockchain.
Advantages: transparency, reliability of the issuer, high liquidity. Risks: regulatory changes and the need for trust in Circle.
USDC is a popular alternative to USDT with stricter regulation. Suitable for preserving capital in cryptocurrency without volatility.