@USDC – USD Coin

USDC is a fully-backed stablecoin pegged to the U.S. dollar (1:1 ratio), issued by Circle and governed by Centre Consortium. It offers transparency, security, and regulatory compliance, with reserves audited regularly to ensure stability. USDC is widely used in DeFi, trading, and payments, providing a reliable alternative to traditional banking. It operates on multiple blockchains, including Ethereum, BSC, Solana, and Polygon, making it versatile for different ecosystems. Unlike algorithmic stablecoins, USDC is fiat-backed, reducing risk. It plays a crucial role in remittances, yield farming, and institutional settlements. However, regulatory changes and banking partnerships can affect liquidity and adoption. Always verify on-chain data and reserve reports before using USDC for large transactions.