💵 What is $USDC Complete Guide to Stablecoin 💡

In

the world of cryptocurrencies 🪙 stablecoins occupy a special

place. One of the most popular and reliable among them is USDC (USD

Coin). Let's figure out what it is, how it works, and why it

is needed.

📌 Key Facts About USDC

🔁 Pegged to the US Dollar: 1 USDC = 1 USD. This is a fully backed stablecoin, aimed at maintaining its value.

🏦

Reserves: Each USDC coin is backed by real dollar assets,

held in American banks and US short-term bonds.

🧾 Issued by: Circle

💻 Blockchain Support: Ethereum, Solana, Avalanche, Tron, Polygon, and others.

💼 Where is USDC Used?

💱 Trading: used on exchanges as a reliable alternative to USD.

📤 Transfers: instant transactions without banks — perfect for international transfers 🌍.

📈 DeFi: USDC is actively used in DeFi protocols — lending, staking, farming.

🛒 Payments: more and more services are accepting USDC as a method of payment.