$USDC

USD Coin (USDC) is a stablecoin pegged to the U.S. dollar on a 1:1 basis. It is issued by Circle and backed by reserves of cash and short-term U.S. Treasury bonds⁽¹⁾. USDC is widely used for transactions, offering stability in the volatile cryptocurrency market. It operates on multiple blockchains, including Ethereum, Solana, and Algorand⁽²⁾.

Recently, Circle, the issuer of USDC, filed for an IPO, aiming to list on the New York Stock Exchange under the ticker symbol "CRCL." This move reflects the growing adoption of stablecoins and Circle's efforts to integrate more deeply into global finance⁽³⁾⁽⁴⁾.

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