$USDC

USD Coin (USDC) is a popular stablecoin in the cryptocurrency world, designed to maintain a 1:1 value with the U.S. dollar. It was launched in 2018 by Circle and Coinbase as part of the Centre Consortium. USDC is widely used for fast, low-cost transactions, trading, and decentralized finance (DeFi) applications. Unlike cryptocurrencies like Bitcoin or Ethereum, USDC’s value doesn’t fluctuate much, making it attractive for payments and savings. It is backed by cash and short-term U.S. government bonds, with regular audits ensuring transparency. USDC operates on multiple blockchains, including Ethereum, Solana, and Polygon, making it highly versatile in the crypto ecosystem.