$USDC

What is USDC? – Easy Explanation

$USDC stands for USD Coin, and it’s a type of digital money called a stablecoin.

Here's what that means:

$USDC is always worth $1.

It’s digital, so you can send it or use it online like crypto, but it doesn’t go up or down in price like Bitcoin or Ethereum.

It’s called a “stablecoin” because it stays stable.

Why do people use USDC?

Safe & fast payments: Send money quickly without needing a bank.

No big price changes: Great for saving or shopping without worrying about losing value.

Works with crypto apps: You can use it in DeFi, trading, or even earn rewards on it.

How it works:

Every $1 USDC is backed by a real $1 in a bank. That’s how it keeps its value steady.