$USDC USDC (USD Coin) is a popular stablecoin pegged to the US dollar, designed to maintain a stable value. It's widely used for:
1. *Fast and low-cost transactions*: USDC enables efficient transfers and settlements.
2. *Trading and investing*: USDC is often used as a stable store of value in cryptocurrency markets.
3. *Decentralized finance (DeFi)*: USDC is utilized in various DeFi protocols for lending, borrowing, and more.
USDC is issued by Circle and Coinbase, and it's backed by US dollar reserves, ensuring its stability and reliability.
Would you like to know more about USDC or stablecoins in general?