USD Coin (USDC) will participate in the "PayFi Summit" taking place on May 20 in New York. Nihil Chandhok, Chief Product and Technology Officer of Circle, will present a report on the Circle payment network during the "Accelerate" event. This summit is organized by Huma Finance and the Solana Foundation. USDC is one of the leading stablecoins pegged to the US dollar at a 1:1 ratio, ensuring its stability regardless of market volatility. Developed by Circle, USDC ranks second in market capitalization among stablecoins after USDT. Supporting various blockchains such as Ethereum, Solana, and TRON, USDC is actively used for international transfers, risk hedging, and cross-network payments. With the transparency of reserves and regular audits by external parties, USDC enjoys trust and popularity in the crypto community, solidifying its position as a reliable stable asset in the digital economy.

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