$USDC

USD Coin (USDC) is a stablecoin pegged to the US dollar at a 1:1 ratio, issued by Circle and Coinbase under the Centre Consortium. It is backed by cash and short-term US Treasuries, ensuring stability. USDC operates on multiple blockchains, including Ethereum, Solana, and Polygon, making it highly versatile for payments, DeFi, and remittances. Unlike volatile cryptocurrencies, USDC provides a reliable digital asset for trading and hedging. It is widely accepted on exchanges and platforms, with regular audits for transparency. USDC is a preferred stablecoin for institutional and retail users due to its regulatory compliance and liquidity.