$USDC **#USDC**: USD Coin (USDC) is a stablecoin pegged 1:1 to the U.S. dollar, issued by Circle Internet Group. Launched in 2018, it’s backed by cash and short-term U.S. Treasuries, ensuring stability. With a market cap exceeding $60 billion, USDC is the second-largest stablecoin after Tether (USDT). It operates on blockchains like Ethereum, Solana, and Algorand, enabling fast, low-cost transactions in DeFi, trading, and payments. Regulated and transparent, USDC is audited monthly for reserve backing. Its widespread adoption on exchanges and wallets makes it a key player in crypto, offering stability amid volatile markets.