$USDC 🪙 What is USDC?
**USDC (USD Coin)** is a **stablecoin** that is pegged **1:1 to the U.S. dollar**, meaning **1 USDC = 1 USD** (ideally). It is issued by **Circle** in partnership with **Coinbase** under the Centre Consortium.
### 🔒 Key Features:
* **Fully backed** by U.S. dollar reserves and short-term U.S. Treasuries
* Operates on multiple blockchains (Ethereum, Solana, Polygon, etc.)
* Regularly audited for transparency
* Commonly used in **DeFi**, trading, and payments
### 💡 Use Cases:
* Trading on crypto exchanges
* Yield farming / staking in DeFi platforms
* Sending digital dollars globally
* Safe parking of funds in volatile crypto markets
Would you like:
* the current price / market cap?
* to know how to buy or store USDC?
* comparisons with other stablecoins (like USDT or DAI)?
Let me know how you'd like to explore USDC further.