$USDC

USDC (USD Coin) is a type of stablecoin, a cryptocurrency designed to maintain a stable value by being pegged to a fiat currency, specifically the US dollar. Each USDC token is backed 1:1 by US dollars held in reserve, making it a trusted and transparent digital asset. It is commonly used in blockchain ecosystems to facilitate trading, payments, and decentralized finance (DeFi) applications. USDC is issued by regulated financial institutions and undergoes regular audits to ensure full backing by real-world dollars. It operates on multiple blockchain platforms, including Ethereum, Solana, and others, making it highly versatile. USDC's stability and regulatory oversight make it a popular choice for those seeking a less volatile alternative to other cryptocurrencies like Bitcoin or Ethereum.