56206088275💵 What is USDC? A stablecoin pegged to the dollar

The **USDC** coin is one of the most well-known stablecoins in the crypto market.

Each unit is pegged at a 1:1 ratio with the US dollar... which means 1 USDC = approximately 1 USD at any time.

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💡 Its features:

✔️ Stable value – ideal for preserving profits and escaping market volatility

✔️ Fully backed by cash assets (according to the issuer Circle)

✔️ Supported by major platforms and wallets, such as Binance and Coinbase

✔️ Fast transfers and low fees compared to banks

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📊 Uses of USDC:

🔹 Quick trading between cryptocurrencies

🔹 Preserving the value of profits after a volatile currency rise

🔹 Use in DeFi (lending – borrowing – providing liquidity)

🔹 Nearly instant international money transfers

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⚠️ Is it risk-free?

❗️ Although it is a stablecoin, it is not without risks.