#GENIUSActPass
USDC (USD Coin) is a stable digital currency (Stablecoin) linked to the value of the US dollar, where each unit equals 1 dollar. It was jointly developed by **Circle** and **Coinbase**, and operates on the **Ethereum** network and other blockchains. USDC is used in digital transactions due to its stability and speed, and it is backed by reserve assets such as cash and bonds. It is a safe option for traders and investors to avoid the volatility of other cryptocurrencies. USDC is subject to strict financial oversight, which enhances trust in it as a bridge between the digital and traditional worlds.