$USDC

**USDC (USD Coin)** is a **stablecoin** that is **pegged 1:1 to the US Dollar**. It’s issued by **Circle** and governed by the **Centre Consortium** (which included Coinbase).

Key points:

* 1 USDC = 1 USD (backed by cash and short-term US government bonds)

* Used for fast, stable digital payments across blockchains like Ethereum, Solana, etc.

* Regularly audited to ensure transparency and reserves.

It combines the benefits of crypto (speed, global access) with the stability of traditional currency.