$USDC USDC

offers key advantages, but also faces significant risks.

### **Advantages:**

1. **Regulated & Transparent**

- Jointly issued by Circle and Coinbase in accordance with strict US regulations.

- Reserves are 100% backed by cash and US government bonds, with regular audits.

2. **Technical Flexibility**

- Built on Ethereum and other blockchains, supports smart contracts.

- High cross-chain compatibility, enabling use in DeFi, cross-border transactions, and much more.

3. **High Liquidity**