$USDC is a stablecoin, a cryptocurrency designed to maintain a stable value, pegged 1:1 to the US dollar.

It is issued by Circle, a regulated fintech company that aims to bridge the gap between traditional finance and decentralized finance.

Circle backs every USDC in circulation with equivalent reserves in USD and short-term US Treasury securities, undergoing regular audits to ensure transparency. This makes it a crucial bridge between the world of cryptocurrencies and real finance: it enables fast and low-cost transactions on the blockchain, bypassing bank hours and high fees while maintaining the stability of the dollar.

USDC is used for global payments, cryptocurrency trading, and DeFi applications, providing liquidity and a safe haven from the volatility of the crypto market, increasingly integrated into traditional financial systems thanks to Circle.

Additionally, Circle is now listed on the NYSE.

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