$USDC

USDC (USD Coin) is a stablecoin cryptocurrency pegged to the US dollar, issued by Circle. It's designed to maintain a stable value, making it ideal for global payments and financial transactions. Key features include¹ ²:

- *Backed by US Dollars*: USDC is fully reserved, with assets held in a regulated environment, ensuring 1:1 redeemability for US dollars.

- *Regulated*: Circle holds licenses globally, including money transmitter licenses in 46 US states and compliance with the EU's Markets in Crypto-Assets (MiCA).

- *Wide Adoption*: USDC operates on 20 blockchain networks, including Ethereum, Solana, and Polygon, with over $61 billion in circulation.

- *Transparency*: Circle provides monthly attestations of reserves and daily reporting through BlackRock.

USDC's market capitalization is over $61 billion, with a 24-hour trading volume of $6.6 billion. Its stability and trustworthiness make it a popular choice for individuals and institutions.³