$USDC

$USDC, or the US digital dollar, is a stablecoin aimed at maintaining a value equal to the US dollar. It is issued and managed by Circle, and is characterized by transparency as its reserves of US dollars and equivalent assets are held in organized accounts in the United States.

$USDC is widely used in the cryptocurrency ecosystem, especially in decentralized finance (DeFi) applications and trading platforms, to provide stability against the volatility of other cryptocurrencies. It also facilitates faster and cheaper global payments and transfers.

$USDC is subject to US regulations and laws related to money transmission, and Circle strives to comply with regulatory standards to enhance trust and broader adoption. However, there are still some risks associated with issuers and the holding of reserves that users need to consider.