$USDC $USDC **#USDC in 100 Words**

USDC is a regulated, fully reserved stablecoin pegged 1:1 to the US dollar. Launched by Circle and Coinbase, it’s widely trusted for DeFi, trading, and remittances. Unlike algorithmic stablecoins, USDC holds cash/short-term Treasuries, audited monthly. It runs on Ethereum, Solana, and other chains with low fees. After Silicon Valley Bank’s collapse (2023), USDC briefly depegged but recovered—proving resilience. Used by institutions and retail, it’s a key liquidity tool. Competes with USDT but prioritizes transparency. Future growth hinges on regulation and blockchain adoption.