$USDC USDC (USD Coin) is a stablecoin: a cryptocurrency pegged to the US dollar (1 USDC ≈ 1 USD).

• It is issued by Circle, with reserves intended to back each token in circulation.

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🎯 What is USDC used for?

• Stability: unlike Bitcoin or Ethereum, it does not fluctuate (or very little).

• Liquidity: used to quickly transfer funds in crypto without converting back to fiat currency.

• Savings and yield (sometimes): on certain DeFi or CeFi platforms, it is possible to lend your USDC to earn a yield.

• Hedging / reserve cash: like a kind of “liquidity” in crypto.