$USDC The USDC is part of a global ecosystem that encompasses both traditional and crypto commerce. Created by Circle, a regulated fintech, USDC is a trustworthy digital dollar, widely accepted and highly liquid. It is a cryptocurrency that is held to higher standards.
USDC is a type of cryptocurrency known as a stablecoin backed by fiat, meaning it is backed by reserve assets from the traditional financial system, such as cash, cash equivalents, or securities. In the case of USDC, it is designed to be pegged to the US dollar and redeemable 1:1 for US dollars.
USDC maintains a stable value during times of volatility.
USDC is designed to be pegged to the US dollar and redeemable at a 1:1 ratio.