$USDC #USDC 101

USDC (USD Coin) is a fully backed, dollar-pegged stablecoin developed by Circle and Coinbase. Designed to maintain a 1:1 value with the U.S. dollar, USDC is widely used in crypto trading, DeFi, and cross-border payments. Each USDC token is backed by cash and short-term U.S. Treasury assets, ensuring transparency and stability. Unlike volatile cryptocurrencies, USDC offers price consistency, making it ideal for transferring value quickly without traditional banking delays. It operates on multiple blockchains like Ethereum, Solana, and Avalanche. As a regulated and audited stablecoin, USDC bridges traditional finance with decentralized networks, offering trust in digital transactions.