$USDC
USDC (USD Coin) is a type of cryptocurrency called a stablecoin. That means its value stays steady—1 USDC always equals 1 U.S. dollar. It’s not like Bitcoin or Ethereum, which go up and down in price.
🕒 When Did USDC Start?
USDC was launched in September 2018 by Circle and Coinbase. They wanted to create a digital version of the U.S. dollar that people could use online safely and easily.
❓ Why Was USDC Made?
USDC was created to:
Keep value stable for easier trading and payments.
Move money faster and cheaper than banks.
Be trusted and transparent, with regular checks to prove the money backing it is really there.
🔒 What Makes It Stable?
Every USDC is backed by real U.S. dollars or short-term government bonds.
The reserves are checked by outside accounting firms every month.
It’s run by regulated U.S. companies.
In short: USDC is a safe and steady digital dollar, made for fast, trusted payments in the crypto world. It started in 2018 and has become one of the most popular stablecoins today.