#CryptoFees101

What is $USDC and Why It Matters in the Crypto World 🪙🌍

$USDC, or USD Coin, is a fully-backed, regulated stablecoin that's pegged 1:1 to the US Dollar. Issued by Circle in partnership with Coinbase, USDC brings the reliability of fiat currency to the speed and innovation of blockchain.

✅ Transparency: USDC reserves are held in cash and short-dated U.S. Treasuries, with monthly attestations by independent auditors.

✅ Multi-chain support: Available on Ethereum, Solana, Avalanche, and more—making it highly accessible across DeFi, payments, and NFTs.

✅ Real-world use: It's used for remittances, cross-border payments, yield farming, and as a stable medium of exchange in volatile markets.