USDC...the stable digital currency
📉📈USDC is a stable digital currency (stablecoin) designed to provide a fixed and reliable value in the volatile world of cryptocurrencies. USDC is backed by the US dollar, meaning that each unit of USDC is supported by one US dollar in bank accounts.
USDC Characteristics:
- *Stability:* Since USDC is backed by the US dollar, its value remains relatively stable compared to other cryptocurrencies.