$USDC cadangan (Reserves): The circle indicates that USDC is 100% backed by cash and short-term US Treasury bonds held in regulated US financial institutions. They also publish a monthly statement about these reserves by a major accounting firm to ensure transparency.
* Use Cases: USDC is used for various purposes, including:
* Trading on cryptocurrency exchanges.
* Facilitating lending and borrowing in DeFi protocols.
* Making fast and cheap global payments.
* Providing stable value storage within the crypto ecosystem.
* Enabling payments in the traditional financial system through partnerships.