$USDC

USDC (USD Coin) is a stablecoin pegged to the US Dollar, meaning 1 USDC is always equivalent to 1 USD. Created by Circle and Coinbase through the Centre Consortium, USDC is widely used in the cryptocurrency space for trading, savings, and payments due to its stability. Unlike volatile cryptocurrencies, USDC provides a way for traders and investors to park value without exposure to market fluctuations. It operates on multiple blockchains, including Ethereum and Solana, making it highly versatile. USDC is fully backed by US Dollar reserves, and its transparency is maintained through regular audits, ensuring trust and reliability in the market.