$USDC USD Coin (USDC) is a type of stablecoin that is pegged to the U.S. dollar, meaning each USDC is backed by one actual dollar or equivalent assets held in reserve. This 1:1 backing is designed to provide stability and trust, making it particularly attractive for businesses, traders, and individuals seeking to avoid the volatility of traditional cryptocurrencies like Bitcoin or Ethereum. USDC is commonly used for remittances, cross-border payments, decentralized finance (DeFi), and as a safe haven during crypto market downturns. Issued by Circle and governed by the Centre Consortium, USDC is widely supported across exchanges, wallets, and blockchain platforms.

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