US Dollar Peg: Each unit of USDC is backed by a reserve equivalent to one US dollar, ensuring it can be redeemed for US dollars at a 1:1 ratio.
- Compatibility with multiple blockchain networks: USDC operates as an ERC-20 token on the Ethereum network and is also available on other blockchain networks like Base and Polygon.
- Transparency and regulatory compliance: USDC reserves are subject to monthly audits by independent accounting firms to ensure transparency and compliance with regulatory standards.