$USDC USDC stands for USD Coin, which is a stablecoin—a type of cryptocurrency designed to maintain a stable value by being pegged 1:1 to the US Dollar. Here are a few key points about USDC:
Issued by: Centre consortium, founded by Circle and Coinbase.
Backed by: A mix of cash and short-term US government bonds, held in regulated financial institutions.
Blockchain support: Runs on multiple blockchains like Ethereum (ERC-20), Solana, Polygon, Avalanche, and more.
Use cases: Commonly used for trading, saving, payments, DeFi, and as a bridge between fiat and crypto.
Do you want to know how to use USDC, invest in it, or transfer it between wallets?