What is USDC and Why It Matters in Crypto?
USDC, or USD Coin, is a fully backed stablecoin pegged 1:1 to the US dollar. Unlike volatile cryptocurrencies like Bitcoin or Ethereum, USDC offers price stability, making it ideal for everyday transactions, trading, and DeFi applications. It's issued by regulated financial institutions and backed by dollar-denominated assets held in segregated accounts, making it one of the most trusted stablecoins in the market.
Traders use USDC to move funds quickly across exchanges, avoid crypto volatility, and earn yield in decentralized finance. With faster transaction times and lower fees compared to traditional banking, USDC is reshaping how we think about digital money.