$USDC (USD Coin) is a stablecoin pegged 1:1 to the U.S. Dollar, meaning 1 USDC equals 1 USD. Issued by Circle and governed by the Centre Consortium, USDC is widely used in crypto trading, DeFi, and cross-border payments. It offers the stability of fiat with the speed and flexibility of blockchain. Backed by fully reserved assets, USDC is considered transparent and regularly audited. Unlike volatile cryptocurrencies, its value remains steady, making it ideal for storing value, earning yield, or transferring funds. As adoption grows, $USDC plays a crucial role in bridging traditional finance with the digital economy.
