$USDC 💲 USD Coin (USDC) is a stablecoin that is pegged 1:1 to the US dollar. It was launched in 2018 by Circle and is backed by fully reserved assets, meaning that for every USDC in circulation, there is an equivalent amount of USD held in reserve.

Key Features:

💵 Stable Value: Always aims to maintain a value of $1

🔒 Fully Backed: Backed by cash and short-term U.S. government securities

🌐 Multi-Chain: Available on multiple blockchains like Ethereum, Solana, Avalanche, and more

💳 Fast Transactions: Used for fast, low-cost payments and transfers globally

✅ Regulated and Audited: Regularly audited by independent firms for transparency

USDC is widely used in decentralized finance (DeFi), trading, and remittances. It's considered one of the most trusted and transparent stablecoins in the crypto world.