$USDC (USD Coin) is a fully-backed, regulated stablecoin pegged 1:1 to the U.S. dollar. Issued by Circle and governed by the Centre consortium, USDC offers a secure, transparent, and efficient digital dollar solution for the global economy. Each USDC is backed by cash and short-term U.S. Treasuries held in regulated financial institutions, with monthly audits ensuring transparency. As a stablecoin, USDC enables seamless, near-instant transactions across borders, making it ideal for payments, trading, DeFi, and remittances. Built on multiple blockchain networks including Ethereum, Solana, and others, it combines the trust of fiat currency with the speed and programmability of blockchain. USDC is a cornerstone of the growing digital financial ecosystem, bridging traditional finance and the decentralized future.
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