$USDC
Here’s a concise 100-word overview of **USDC**, the regulated stablecoin issued by Circle:
**USDC** is a fully backed, dollar-pegged stablecoin redeemable 1:1 for USD, designed for fast, low-cost global transactions. With $26T+ in all-time volume and 78% yearly growth, it’s a cornerstone of crypto and traditional finance, bridging blockchain efficiency with regulatory compliance . Backed by cash and short-term Treasuries, USDC is transparently audited monthly, ensuring trust . Its adoption spans payments, remittances, and DeFi, with 500M+ accessible wallets . Recent U.S. Senate approval of the **GENIUS Act** further legitimizes stablecoins like USDC, fueling institutional adoption . As a leader in programmable money, USDC powers the next-gen financial ecosystem .
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