$USDC USDC (USD Coin) is a stable cryptocurrency (stablecoin) pegged to the US dollar at a 1:1 ratio. It is designed to provide stability of value in the digital environment, combining the advantages of cryptocurrencies with the reliability of traditional currencies. 

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🔹 Key facts about USDC

• Issuer: Circle, which has been the sole operator of USDC since 2023 after the dissolution of the Centre consortium, a joint project with Coinbase. 

• Collateral: Each USDC token is fully backed by reserves in cash and short-term US government bonds, held in regulated financial institutions such as Bank of New York Mellon. Reserve management is carried out by BlackRock. 

• Transparency: Circle regularly publishes independent reports on the status of reserves, ensuring a high level of user trust. 

• Blockchain platforms: USDC is available on various blockchains, including Ethereum (ERC-20), Solana, Polygon, Avalanche, and others. In 2024, support for USDC on the Tron blockchain was discontinued due to a review of risks. 

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💰 The role of USDC in the financial system

• Usage: USDC is widely used for international transfers, cryptocurrency trading, DeFi protocols, and as a means of storing value.

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