$USDC USDC (USD Coin) is a fully backed stablecoin pegged 1:1 to the U.S. dollar, issued by Circle and governed by the Centre Consortium. It’s designed to offer stability, transparency, and trust in the digital asset space. Every USDC token is backed by equivalent reserves held in cash or short-term U.S. Treasury bonds, with monthly attestations by independent auditors. USDC is widely used across decentralized finance (DeFi), centralized exchanges, and for remittances and payments. It runs on multiple blockchains, including Ethereum, Solana, and Avalanche, enabling fast and low-cost transactions. As a regulated and compliant stablecoin, USDC plays a crucial role in bridging traditional finance with the crypto ecosystem, providing secure digital dollar transactions globally.
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