USDC (USD Coin) is considered one of the most prominent stablecoins, as its value is pegged to the US dollar at a ratio of 1:1. USDC is issued by the CENTRE consortium, a joint project between Coinbase and Circle. Each circulating USDC unit is fully backed by reserves of US dollars and other dollar-denominated assets, ensuring its value stability. USDC aims to provide a fast and low-cost digital payment and transfer method, facilitating access to decentralized financial services. Thanks to its transparency and commitment to regulatory standards, USDC has gained widespread trust in the cryptocurrency market and is widely used for trading, transfers, and value storage.