$USDC

USDC (USD Coin) is a stablecoin pegged to the US dollar at a 1:1 ratio, meaning 1 USDC is always worth approximately 1 USD. Developed by the Centre Consortium (a collaboration between Circle and Coinbase), USDC is designed to provide stability in the volatile cryptocurrency world.

The highlight of USDC is its transparency and regular audits, ensuring that each USDC in circulation is backed by an equivalent amount of US dollars held in reserve bank accounts. This helps users trust its value.

USDC is widely used in trading, lending, and remittances within the cryptocurrency ecosystem, helping investors and users avoid the price volatility of other cryptocurrencies while enjoying the benefits of blockchain technology.