$USDC
USD Coin (USDC) is a type of stablecoin, a digital currency backed 1:1 by the U.S. dollar. Developed by Centre, a consortium co-founded by Circle and Coinbase, USDC aims to combine the stability of fiat currencies with the efficiency of cryptocurrencies. It is built on blockchain platforms like Ethereum, Solana, and others, allowing for fast, secure, and low-cost transactions globally. USDC is fully backed by dollar reserves held in regulated U.S. financial institutions, making it transparent and trustworthy. It is widely used in trading, decentralized finance (DeFi), and as a means of payment in the digital economy.
