$USDC USD Coin (USDC) is a fully-backed, fiat-pegged stablecoin issued by Circle and governed by the Centre consortium. Pegged 1:1 to the U.S. dollar, USDC is designed to maintain price stability, making it ideal for trading, payments, and remittances within the digital economy. It operates on multiple blockchains, including Ethereum, Solana, and Polygon, offering fast, low-cost transactions. Each USDC is backed by dollar-denominated assets held in regulated financial institutions, with regular audits ensuring transparency and trust. USDC bridges traditional finance and decentralized systems, enabling seamless conversions between fiat and crypto. Its reliability and regulatory compliance make it a key component in the growing world of decentralized finance (DeFi) and digital payments.
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