USDC, or USD Coin, is a stablecoin pegged to the US dollar, offering stability in the volatile crypto market. Backed 1:1 by US dollar reserves, USDC provides a reliable store of value and medium of exchange. Widely used in DeFi applications, USDC enables users to lend, borrow, and earn interest on their holdings. Its transparency and regulatory compliance make it an attractive option for individuals and institutions seeking to leverage the benefits of blockchain technology while minimizing exposure to price fluctuations. USDC's growing adoption has cemented its position as a leading stablecoin.
