$USDC L’USDC (USD Coin) is a stablecoin backed by the US dollar. This means that 1 USDC is designed to always be worth 1 USD. It is issued by Circle and operates on multiple blockchains like Ethereum, Solana, or Polygon. Unlike volatile cryptocurrencies like Bitcoin, USDC is stable, making it ideal for payments, trading, or as a store of value. Each USDC is backed by reserves in dollars or equivalent assets, regularly audited. It is a popular solution for those who want to use crypto while minimizing volatility risks.
