$USDC

$USDC (USD Coin) is a fully-backed stablecoin issued by Circle and governed by Centre, a consortium that includes Coinbase. It is pegged 1:1 to the U.S. dollar, meaning each USDC token is backed by cash and short-term U.S. Treasury bonds. Known for its transparency, $USDC undergoes regular audits to ensure its reserves match its circulating supply. It is widely used for payments, trading, and decentralized finance (DeFi) applications, offering a reliable and efficient way to move money across the blockchain ecosystem. #USDC #Stablecoin #Crypto