$USDC

USD Coin (USDC) is a stablecoin pegged to the U.S. dollar at a 1:1 ratio. It is issued by Circle and Coinbase through the Centre Consortium. Each USDC token is backed by cash and short-term U.S. government bonds, ensuring stability and transparency.

Key Features of USDC:

Stability: Always aims to maintain a 1:1 value with USD.

Regulated & Audited: Regularly audited by independent firms to ensure reserves match issued tokens.

Fast Transactions: Enables quick and low-cost transfers across blockchain networks.

Multi-Blockchain Support: Available on Ethereum, Solana, Avalanche, Polygon, and more.

Use Cases: Trading, payments, DeFi lending, remittances, and smart contracts.

USDC is widely used in crypto exchanges, decentralized finance (DeFi), and traditional finance, making it one of the most trusted stablecoins in the market.