$USDC USD Coin (USDC) is a stablecoin, a type of cryptocurrency designed to maintain a stable value by being pegged to a reserve asset. In the case of USDC, it is pegged 1:1 to the U.S. dollar. This means that for every USDC in circulation, there is a corresponding U.S. dollar or dollar-equivalent asset held in reserve.

Here's a more detailed look at USDC:

Key Aspects: