$USDC USD Coin (USDC) is a stablecoin pegged 1:1 to the U.S. dollar, designed to offer price stability in the volatile cryptocurrency market. Issued by Circle in partnership with Coinbase under the Centre Consortium, USDC is fully backed by reserves, including cash and short-term U.S. government bonds. These reserves are regularly audited to ensure transparency and trust. USDC operates on multiple blockchain networks, including Ethereum, Solana, and Avalanche, enabling fast, low-cost transactions. It's widely used for remittances, DeFi applications, trading, and payments. As a regulated digital dollar, USDC bridges traditional finance and the crypto economy, promoting financial inclusion and more efficient cross-border transactions.
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