$USDC USDC, or **USD Coin**, is a stablecoin backed 1:1 by US dollars, which means that each USDC is backed by a real dollar in reserves. Its main utility lies in providing a stable medium of exchange within the cryptocurrency ecosystem, allowing users to make transactions without the typical volatility of other cryptocurrencies.

**Main uses of USDC**:

- **Fast transactions**: Allows instant and low-cost transfers between users.

- **Trading on DeFi platforms**: Facilitates lending, saving, and other activities in decentralized finance.

- **Conversion and trading**: Acts as a bridge between volatile cryptocurrencies and fiat currencies, facilitating trading on exchanges.

USDC has established itself as a reliable option for those seeking stability in their digital investments.