$USDC

USD Coin (USDC) was launched in September 2018 by Circle and Coinbase as a stablecoin pegged to the U.S. dollar. It was created to combine the benefits of cryptocurrency—such as fast transactions and security—with the stability of traditional fiat currency. USDC operates on multiple blockchain platforms, including Ethereum and Solana, providing liquidity across decentralized finance (DeFi) applications. Each USDC token is backed by a reserve of U.S. dollars or equivalent assets, ensuring it remains worth $1. Over time, USDC gained popularity due to its transparency, regulatory compliance, and use in various sectors like lending, trading, and payments. It has become one of the leading stablecoins, offering a reliable bridge between the digital and fiat worlds.