#USDC USDC (USD Digital Currency) is a stablecoin – a type of cryptocurrency that is linked to the value of a traditional currency, in this case, the US dollar. Here are some basic details:

Linked to the US Dollar: Every 1 USDC is always worth approximately 1 US dollar.

Backed by reserves: Issued by Circle (often in collaboration with Coinbase), and claims to be fully backed by cash reserves and short-term US Treasury bonds.

Uses: Fast international transfers, stable savings in volatile markets, and decentralized financial transactions (DeFi).

Operates on multiple blockchain networks: such as Ethereum, Solana, and others.

Would you like to know how to use it or compare it with other stablecoins?