#$USDC

**USD Coin (USDC) – The Stable Digital Dollar**

USDC is a regulated, fully-backed stablecoin pegged 1:1 to the US dollar. Launched in 2018 by Circle and Coinbase, it operates on multiple blockchains including Ethereum, Solana, and Avalanche.

**Key Features:**

- **Stability:** Each USDC is backed by cash and short-term Treasuries, audited monthly.

- **Transparency:** Operates under US money transmission laws, ensuring compliance.

- **Utility:** Used for trading, remittances, and DeFi due to fast, low-cost transfers.

Unlike volatile cryptocurrencies, USDC maintains a steady value, making it ideal for payments and settlements. Major financial institutions and fintech platforms increasingly adopt USDC, bridging traditional finance and blockchain technology.