$USDC
USDC (USD Coin) is a stablecoin, which means it's a type of cryptocurrency designed to maintain a stable value. Here's a quick overview:
Pegged to the U.S. Dollar: 1 USDC is intended to always equal $1 USD.
Issued by Circle (and co-founded by Coinbase).
Backed by Reserves: Each USDC is backed by dollar-denominated assets held in regulated financial institutions.
Runs on multiple blockchains: Like Ethereum (as an ERC-20 token), Solana, Avalanche, and others.
It’s commonly used for:
Transferring value globally with low fees.
Trading on crypto exchanges.
DeFi (decentralized finance) applications.
Hedging against crypto volatility.
Let me know if you’re looking for how to use it, buy it, or something more technical.