$USDC

1 USDC = 1 USD (in theory, always)

Backed by reserves: Issued by Circle and governed by Centre, USDC is backed by cash and short-term U.S. government bonds.

Uses: It’s commonly used for trading, DeFi (decentralized finance), remittances, and as a stable store of value on crypto platforms.

Blockchain: USDC exists on multiple blockchains including Ethereum, Solana, Polygon, Avalanche, and more.