$USDC

**$USDC (USD Coin) – Point-by-Point Overview in 100 Words**

1. **$USDC** is a stablecoin pegged 1:1 to the US Dollar.

2. Issued by **Circle** and **Coinbase** via the Centre Consortium.

3. Backed by **reserves** (cash and short-term US Treasuries).

4. Operates on **multiple blockchains** (Ethereum, Solana, Base, etc.).

5. Ensures **price stability**, unlike volatile cryptocurrencies.

6. Widely used in **DeFi, trading, and payments**.

7. Offers **fast, low-fee transactions** globally.

8. Regularly **audited for transparency**.

9. Integrated in **wallets, exchanges, and dApps**.

10. Key player in **Web3 and fintech ecosystems**.

11. Supports **programmable money** via smart contracts.

12. Regarded as one of the **most trusted stablecoins**.

Want a comparison with other stablecoins like $USDT or $DAI?