$USDC

USDC (USD Coin) is a stablecoin pegged 1:1 to the US Dollar, meaning 1 USDC is always intended to equal $1. It's issued by Circle and backed by fully reserved assets, like cash and U.S. treasuries, held in regulated financial institutions. USDC runs on multiple blockchains, including Ethereum, Solana, and others, making it widely accessible and fast for transfers. It’s commonly used for trading, DeFi, and cross-border payments due to its stability and transparency. Unlike volatile cryptocurrencies, USDC offers a stable store of value in the crypto ecosystem. Ideal for holding, transacting, or hedging against market swings. #Stablecoin #CryptoBasics