$USDC

🏛️ Who is Circle?

Circle is an American financial technology company, founded in 2013, focusing on integrating the traditional financial system with blockchain.

🔹 It is known for being the entity responsible for issuing $USDC in collaboration with Coinbase as part of a coalition known as Centre Consortium.

🔍 Its vision: to make money move at the speed of the internet, with the same level of security.

---

🔍 What is USDC?

💵 A stablecoin pegged to the dollar at a 1:1 ratio

💼 Fully backed by cash and short-term government bonds

📄 Subject to monthly audit reports, enhancing transparency and trust

---

🚀 Why is USDC so important?

✅ Stability: It maintains its value even during market downturns

✅ Transparency: Circle publishes regular reports on reserves

✅ Integrability: Used in DeFi, NFTs, Web3, and remittances

✅ Trusted by institutions: Major companies and institutions rely on it for payments and settlements