$USDC As of now, *USD Coin (USDC)* is a stablecoin pegged to the U.S. dollar, maintaining a 1:1 value ratio. It's primarily issued by *Circle* and is widely used for trading, remittances, and stable digital payments across various blockchain platforms, including *Ethereum*, *Solana*, *Polygon*, *Base*, and others.
š Key Details About USDC:
- *Value*: $1.00 (typically)
- *Issuer*: Circle, in partnership with Coinbase via the Centre Consortium
- *Use Cases*:
- Fast, low-cost global payments
- Trading on crypto exchanges
- Payouts via platforms like Stripe
- Collateral in DeFi protocols
š° Recent Developments:
- *Stripe now supports USDC payouts* globally on *Polygon* and *Base*, making it easier for users to receive stable digital funds.
- USDC continues to be one of the most trusted and regulated stablecoins, with reserves held in cash and short-term U.S. Treasuries.
Would you like a comparison between USDC and other stablecoins like USDT or DAI?
