$USDC
USDC (USD Coin) is a stablecoin pegged to the U.S. dollar on a 1:1 basis. It's issued by Circle and governed by the Centre Consortium (a collaboration between Circle and Coinbase). Each USDC token is backed by equivalent reserves of cash or short-term U.S. Treasury bonds.
Key facts:
Runs on multiple blockchains: Ethereum (ERC-20), Solana, Avalanche, and others.
Commonly used in DeFi, payments, and crypto trading.
Audited monthly to confirm dollar reserves.
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