$USDC
USDC is a stable digital currency (Stablecoin) pegged to the US dollar at a 1:1 ratio, meaning that every unit of USDC is actually backed by a dollar or equivalent cash assets held in trustworthy banks. It was launched in 2018 by Circle in collaboration with Coinbase and is subject to strict oversight and transparent standards, with monthly reports published detailing the size of the reserves.
USDC is used for trading, transfers, payments, and financing decentralized projects (DeFi), and is characterized by fast transactions and low fees compared to traditional bank transfers.
USDC is considered one of the safest and most reliable stablecoins and is widely used on exchanges such as Binance and Coinbase, making it an ideal choice for investors seeking stability within the volatile world of digital currencies.
