$USDC USDC (USD Coin) is a stablecoin pegged to the US dollar, designed for fast, low-cost transactions. It's issued by Circle in partnership with Coinbase and operates on multiple blockchain networks, including Ethereum, Solana, and Polygon. USDC is fully backed by cash and short-term US Treasuries, providing a stable store of value.

*Key Features:*

- *Stable Value*: 1 USDC = 1 USD

- *Fast Transactions*: Near-instant transfers across blockchain networks

- *Low Fees*: Significantly lower transaction costs compared to traditional banking

- *Regulatory Compliance*: Adheres to US anti-money laundering (AML) and know-your-customer (KYC) laws

- *Transparency*: Regular attestations from top accounting firms like Deloitte

USDC is widely used in trading, DeFi applications, cross-border transactions, and as a stable store of value ¹.