$USDC

USDC (USD Coin) is a regulated stablecoin designed for global finance, offering near-instant, low-cost transactions. Here's what you need to know¹:

*Key Features:*

- *Backed by US Dollars*: USDC is fully reserved, meaning every coin in circulation is backed by an equivalent amount of US dollars held in reserve.

- *Redeemable 1:1*: USDC can be redeemed for US dollars at a 1:1 ratio, providing stability and liquidity.

- *Multi-Blockchain Support*: USDC operates on 22 blockchain networks, including Ethereum, Solana, and Polygon, allowing seamless transactions across different platforms.²

*Benefits:*

- *Fast and Global Payments*: USDC enables 24/7 global transactions, making it ideal for businesses and individuals needing efficient payment solutions.

- *Transparency and Security*: Circle, the issuer of USDC, provides regular attestations and transparency reports, ensuring the stability and security of the coin.

*Usage:*

- *Institutional and Individual Use*: USDC is accessible to institutions through Circle Mint and to individuals through exchanges, neobanks, and digital wallets.

- *Partnerships and Adoption*: Major companies like Visa have integrated USDC into their payment networks, further expanding its reach.