USDC on Binance: What You Need to Know
USD Coin (USDC) is a stablecoin pegged 1:1 to the US dollar, offering stability in the volatile crypto market. On Binance, USDC can be traded against major cryptocurrencies like BTC, ETH, and BNB. It's widely used for trading, staking, and transferring value with minimal fees. Binance supports deposits and withdrawals of USDC via various networks, including Ethereum (ERC-20) and BNB Smart Chain (BEP-20). As a regulated stablecoin backed by reserves, USDC is ideal for users seeking a safe haven during market swings. Always check network compatibility before transferring to avoid loss of funds.