USDC (USD Coin) is a stable cryptocurrency (stablecoin) pegged to the US dollar at a 1:1 ratio. It was created by Circle in collaboration with Coinbase and the Centre consortium.

Key features of USDC:

Pegged to USD: each USDC token is backed by a real dollar or equivalent reserves (U.S. Treasury bonds, bank deposits).

Regulated asset: Circle is a financial company that complies with regulatory requirements in the U.S.

Fast transactions: used on the Ethereum (ERC-20), Solana, Avalanche, Algorand, TRON, and other blockchains.

Transparency: reserves are regularly audited by independent auditors.

Uses of USDC:

Protection against cryptocurrency market volatility (preserving value in a stablecoin).

International transfers without intermediaries.

Decentralized finance (DeFi): liquidity, staking, lending.

Trading and hedging: an active tool for traders.

USDC is one of the most popular stablecoins alongside USDT (Tether), differing in higher transparency and regulation.$USDC