What is the USD currency?



The main focus of any discussion about the US dollar currency (USDC) is what it is and how it works. The US dollar currency (USDC) is a stablecoin pegged 1:1 to the actual US dollar. Simply put, one US dollar currency (USDC) equals one actual US dollar. It provides significant market stability. Although it was initially designed as an ERC-20 token, the US dollar currency has easily expanded to include the Solana and Algorand blockchain networks.