#USDC #USDC✅

🪙 What is USDC?

USDC is a regulated stablecoin issued by Circle, pegged 1:1 with the U.S. dollar. Launched in 2018, it operates across 20+ blockchains like Ethereum, Solana, and Polygon.

🚀 Market Use

2nd largest stablecoin (~$61B in circulation)

Used for fast, stable, and global crypto payments

Widely adopted in DeFi, trading, and payments

🏦 How It Works

Backed by cash & short-term U.S. Treasuries

Circle mints USDC when USD is deposited, and burns when redeemed

📈 IPO Impact

Circle (CRCL) went public on June 5, 2025, raising $1.1B. Stock surged 168% on day one—showing rising trust in stablecoins.

⚠️ Key Risks

Interest rate changes may cut profits

USDT competition and new coins (e.g., USD₁)

Reserve transparency issues during crises (e.g., SVB 2023)

✅ Why Use USDC?

Stable & trusted digital dollar

Fast and low-fee global transactions

Fully backed & audited