$USDC

USDC (USD Coin) is a stablecoin pegged 1:1 to the U.S. dollar, meaning each USDC is backed by a dollar or equivalent held in reserve. It’s issued by Circle and governed by the Centre Consortium, with support for full transparency and regular audits. USDC is widely used in decentralized finance (DeFi), crypto trading, and cross-border payments due to its stability and speed. Unlike volatile cryptocurrencies, USDC maintains a consistent value, making it ideal for transferring value without worrying about price swings. It runs on multiple blockchains like Ethereum, Solana, and Avalanche, offering broad compatibility and fast transaction settlements.