$USDC (USD Coin) is a stablecoin pegged 1:1 to the US dollar, offering the stability of fiat with the speed of crypto. Issued by Circle and backed by fully reserved assets, USDC provides transparency through regular audits. It runs on multiple blockchains like Ethereum, Solana, and Polygon, making it versatile for payments, DeFi, and trading. Unlike volatile cryptocurrencies, USDC is ideal for remittances, savings, and hedging. Its fast transaction speeds and low fees support global financial inclusion. As digital dollars gain traction, USDC plays a crucial role in bridging traditional finance with the decentralized economy while maintaining regulatory compliance.
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