USD Coin (USDC) is a popular stablecoin pegged 1:1 to the US dollar, developed by Circle and Coinbase through the Centre Consortium. Launched in 2018, USDC provides a reliable, transparent digital dollar for seamless transactions, trading, and decentralized finance (DeFi) applications. It’s fully backed by reserves held in regulated financial institutions, with regular audits ensuring trust and security. USDC’s stability and compliance make it widely used for payments, remittances, and as a safe haven during crypto market volatility. Its broad adoption across exchanges, wallets, and platforms has made USDC a cornerstone of the growing digital economy and blockchain ecosystem.
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