$USDC Key Features of USDC
• Fiat-Backed: Every USDC token is backed by cash or short-term U.S. government bonds held in regulated financial institutions.
• Regulated & Transparent: Circle provides monthly attestations of USDC reserves, ensuring transparency.
• Multi-Blockchain Support: USDC is available on Ethereum, Solana, Avalanche, TRON, Algorand, Stellar, and other blockchains.
• Widely Used: It’s used in DeFi, payments, remittances, and trading across various platforms.
• Fast & Low-Cost Transfers: Compared to traditional banking, USDC enables faster, cheaper cross-border transactions.