$USDC

**USDC (USD Coin)** is a **stablecoin** pegged to the US dollar (1 USDC = 1 USD). It is a **digital currency** backed by cash and short-term Treasury reserves, ensuring stability. Here are key points in English:

1. **Stable Value**: Unlike cryptocurrencies like Bitcoin, USDC’s value remains steady (1:1 with USD).

2. **Backed by Reserves**: Every USDC is backed by real dollars held in regulated banks.

3. **Transparent & Audited**: Regular audits ensure full transparency of reserves.

4. **Fast & Low-Cost Transfers**: Enables quick global transactions with minimal fees.

5. **Widely Used**: Popular in DeFi (Decentralized Finance), trading, and remittances.

**Example**: If you send $100 USDC, the recipient gets exactly $100 worth (minus network fees).