$USDC USD Coin (USDC) is a digital stablecoin pegged to the U.S. dollar, meaning its value is designed to remain as close as possible to $1.00 USD. It was launched in 2018 by Centre, a consortium founded by Circle and Coinbase. USDC is issued on various blockchain platforms, including Ethereum, Solana, and others, making it compatible with decentralized applications and financial services. Each USDC token is backed 1:1 by reserve assets held in regulated financial institutions, ensuring transparency and trust. It is widely used for remittances, trading, decentralized finance (DeFi), and payments, offering a fast, low-cost alternative to traditional money transfers.

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