$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!