$USDC

$USDC (USD Coin) is a stablecoin pegged to the U.S. dollar, so its value is typically $1.00 USD.

✅ Key Facts About USDC (as of mid-2025):

Peg: 1 USDC = 1 USD (usually)

Issuer: Circle (partnered with Coinbase)

Backing: 100% backed by cash & short-term U.S. Treasuries (audited regularly)

Networks: Available on Ethereum, Solana, Avalanche, Polygon, Base, and others

Use Cases:

Stable storage of value in crypto wallets

Trading pairs on DEXes/CEXes

Cross-border payments

On-chain savings and yield protocols

🧠 Quick Insight:

If you ever see USDC trading below or above $1.00, it could indicate:

Market stress or depegging risks (rare)

Liquidity issues or rumors (watch for Circle updates)

Arbitrage opportunities in DeFi platforms

Would you like info on:

USDC vs USDT vs DAI

Where to earn yield on USDC

USDC reserves or Circle’s transparency

Or how to use it in DeFi protocols?