$USDC

USDC is a digital dollar issued by Circle, also known as a stablecoin, running on many of the world’s leading blockchains. Designed to represent US dollars on the internet, USDC is backed 100% by highly liquid cash and cash-equivalent assets so that it's always redeemable 1:1 for USD.

USDC revolutionizes commerce and financial services

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Circle developed USDC to usher in a world where the US dollar is accessible to businesses and people around the globe without needing a traditional bank account. Digital currencies like USDC inherit the speed, efficiency, and security of public blockchain networks to bring about transformative benefits:

1.Open and programmable

2.Globally accessible

3.Available 24/7/365

4.Instant settlement at low cost

Before USDC, businesses needed traditional banking solutions to accept payments, send remittances to vendors and suppliers, and manage their corporate treasuries. In contrast to USDC, legacy payment methods are slow, expensive, and limited by their lack of interoperability with other systems.

USDC makes money programmable, providing businesses and developers the ability to build innovative applications and services on an open platform that anyone can connect to -- globally, quickly, and cost-effectively.