$BTC $USDC refers to USD Coin, a type of stablecoin that is pegged to the U.S. dollar at a 1:1 ratio. It’s designed to maintain a stable value and is commonly used in crypto trading, decentralized finance (DeFi), and cross-border payments.
Here are a few key points:
Issuer: USDC is issued by Circle in partnership with Coinbase via the Centre Consortium.
Backing: It's fully backed by reserves (cash and short-term U