$USDC

USDC (USD Coin) is a stablecoin, which means that it aims to keep its value equivalent to 1 US dollar.

🔍 Important Information:

Name: USD Coin (USDC)

Type: Stablecoin (Fiat-backed)

Price: Always approximately $1.00 USD

Who is behind it: Circle and Coinbase jointly created it.

Blockchains: Ethereum (ERC-20), Solana, Polygon, Avalanche, Base, Arbitrum, and others.

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💼 Use:

Used like dollars in the crypto market.

Easy for trading, DeFi, investment, and remittance.

Available on exchanges like Binance, Coinbase, OKX, Bybit.

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🔐 Security and Trust:

Each USDC is held in "reserves" equal to US dollars or equivalent.

Circle publishes an audit report every month.

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📊 USDC vs Other Stablecoins:

Coin Backed by Most Used In Risk

USDC Fiat (USD) DeFi, Exchanges Low

USDT Fiat (USD) Global Markets A bit higher

DAI Crypto-collateral DeFi Medium

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If you have any questions about using, purchasing, or converting USDC to other coins, please let us know!