$USDC

USD Coin (USDC) is a stablecoin pegged to the U.S. dollar at a 1:1 ratio. It is backed by cash and short-term U.S. Treasury assets, ensuring stability and reliability. USDC is issued by Circle, a regulated financial services company, and is widely used for payments, trading, and decentralized finance (DeFi)2.

Key Features:

Fully backed reserves – Each USDC token is backed by $1 in reserves.

Regulatory compliance – Issued by Circle, following strict U.S. financial regulations.

Fast transactions – Enables instant global payments with low fees.

Multi-chain support – Available on Ethereum, Solana, Avalanche, and other blockchains