$USDC

USDC (USD Coin) is a type of stablecoin, a cryptocurrency pegged 1:1 to the US dollar, ensuring stability in value. Launched in 2018 by Circle and Coinbase through the Centre consortium, USDC is backed by fully reserved assets, including cash and short-term U.S. Treasuries, which are regularly audited for transparency. It operates on multiple blockchains, such as Ethereum and Solana, enabling fast, low-cost transactions. USDC is widely used in decentralized finance (DeFi), remittances, and as a hedge against crypto market volatility. Its reliability and regulatory compliance make it a trusted digital dollar alternative. #USDC