$USDC (USD Coin) is a stablecoin that is pegged to the US Dollar at a 1:1 ratio. It is a digital currency that operates on the blockchain, aimed at providing fast, secure, and stable financial transactions. USDC was developed jointly by Circle and Coinbase, and it is available on several blockchains including Ethereum, Solana, and Polygon. It can be used worldwide for purchases, payments, and digital investments. Since the value of USDC remains stable, it is considered a safe haven against the volatility of the crypto market.
