$USDC

USDC (USD Coin) is a stable digital currency (Stablecoin) fully backed by the US dollar at a 1:1 ratio, meaning that each 1 USDC is equivalent to 1 dollar held in bank reserves or secure cash investments. It was developed by Circle in collaboration with Coinbase, and is widely used in trading, fast transfers, and decentralized applications (DeFi). USDC is known for its high stability and transparency, as Circle publishes regular reports on its financial reserves to ensure trust.