$USDC USDC (USD Coin) is a stablecoin that is pegged 1:1 to the U.S. dollar. It is issued by Circle (in partnership with Coinbase via the Centre Consortium). Here are a few key points:

Pegged to USD: 1 USDC is intended to always equal $1 USD.

Backed by reserves: USDC is backed by cash and short-term U.S. government bonds, which are audited regularly.

Popular for DeFi and trading: It's widely used on exchanges and in decentralized finance (DeFi) for lending, yield farming, and cross-border transfers.

Multi-chain: USDC is available on Ethereum, Solana, Avalanche, Polygon, and other blockchains.

Would you like to know how to buy, use, or store USDC?