$USDC
USDC (USD Coin) is a type of stablecoin, a cryptocurrency designed to maintain a 1:1 peg with the US dollar. It is issued by regulated financial institutions and backed by reserves in cash or short-term US Treasury bonds. USDC aims to offer the stability of traditional fiat currency with the benefits of blockchain technology, such as faster, cheaper, and transparent transactions. It is widely used in the crypto space for trading, lending, and remittances. USDC is built on multiple blockchains like Ethereum and Solana, ensuring broad accessibility.
#Stablecoin #Crypto #USDC #Blockchain
