$USDC Key features of USDC:

1. Fiat-backed stability – Each USDC is backed by cash and short-term U.S. Treasury bonds, ensuring a stable value.

2. Regulatory compliance – Circle follows U.S. financial regulations, including audits and transparency in reporting.

3. Blockchain support – USDC operates on multiple blockchains, including Ethereum (ERC-20), BNB Chain, Solana, Polygon, Avalanche, and Tron.

4. Use cases – USDC is used for trading, payments, remittances, DeFi applications, and institutional settlements.

5. Transparency – Circle provides monthly attestations of reserves audited by external firms to verify its 1:1 backing.