$USDC

🌐 What is USDC?

It is a stablecoin backed 1:1 by dollars and equivalents, issued by Circle (in collaboration with Coinbase).

It is available on multiple chains (Ethereum ERC‑20, Solana, Polygon, Base, Arbitrum, Avalanche...), facilitating fast transfers and use in DeFi.

Circle publishes monthly attestations about its reserves (cash and U.S. Treasuries), although not necessarily a full audit.

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🔍 Use and relevance

It is widely used as a bridge between crypto and fiat finance, avoiding the volatility of other cryptocurrencies.

Preferred base for trading, payments, sending between platforms, and deposits in DeFi.

Recently surpassed Tether in volume.