#StablecoinPayments $USDC USDC (USD Coin) is a stablecoin cryptocurrency developed by Circle, pegged to the US dollar to maintain a stable value. It's designed for global payments, offering near-instant and low-cost transactions.
*Key Features:*
- *Backed by US Dollars*: USDC is fully reserved, with assets held in a reserve for the benefit of USDC holders, and redeemable 1:1 for US dollars.
- *Regulated*: Circle, the issuer of USDC, is