$USDC $USDC refers to the US dollar stablecoin (USD Coin). It is a cryptocurrency pegged to the US dollar, designed to maintain its value with stable exchange with the dollar through algorithms or asset collateralization, typically at a rate of 1 USDC to 1 dollar.
USDC is issued and managed by a central entity, operates on a blockchain network, and features fast transaction speeds, low costs, and high transparency. It is commonly used in areas such as cryptocurrency trading, cross-border payments, and decentralized finance (DeFi), serving as a store of value and medium of exchange.