#StablecoinSurge USD Coin (USDC) is a stablecoin cryptocurrency pegged to the US dollar. It was launched in 2018 by Circle and Coinbase. USDC is backed by a reserve of US dollars, ensuring its value remains stable. It operates on the Ethereum blockchain and supports multiple wallets and exchanges. USDC is widely used for trading, lending, and borrowing on decentralized finance (DeFi) platforms. Its stability and liquidity make it an attractive option for investors and traders seeking to mitigate volatility in the cryptocurrency market. USDC has gained significant traction and adoption globally.