USDC (USD Coin) is a stable cryptocurrency ("stablecoin") whose value is designed to always be linked 1 to 1 with the US dollar. This means that 1 USDC should always be worth approximately 1 USD.
Unlike other volatile cryptocurrencies like Bitcoin, USDC offers stability, making it ideal for making payments, sending money quickly globally, or as a safe haven in times of uncertainty in the crypto market. It is backed by reserves of dollars and equivalent assets, held by regulated companies like Circle and Coinbase, who publish audits to ensure its transparency. It operates on various blockchains, allowing for fast and efficient transactions. It is, in essence, a digital dollar that combines the reliability of fiat currency with the efficiency of blockchain technology. $USDC