$USDC USDC (USD Coin) is a stable cryptocurrency (stablecoin) pegged to the US dollar at a ratio of 1:1. This means that 1 USDC is usually equal to 1 US dollar.

Here are some key facts about USDC:

• Issuer: Circle and Coinbase through the consortium Centre.

• Backing: Each USDC token is backed by an equivalent amount in US dollars, held in bank accounts or government bonds.

• Purpose: Widely used for cryptocurrency trading, value storage, transfers between exchanges, and DeFi platforms.

• Networks: USDC is available on many blockchains, including Ethereum (ERC-20), Solana, Polygon, Arbitrum, and others.

Do you want to learn how to use USDC or how it differs from other stablecoins like USDT?