$USDC

Each USDC token is intended to be backed 1:1 by a U.S. dollar held in reserve, making it relatively stable compared to volatile cryptocurrencies like Bitcoin or Ethereum.

Here are some key points about USDC:

Issuer: It was launched by Centre, a consortium founded by Circle and Coinbase.

Blockchain Compatibility: USDC exists on multiple blockchains, including Ethereum (ERC-20), Solana, Avalanche, and others.

Use Cases: It is used for trading, remittances, DeFi (Decentralized Finance), and as a hedge against volatility.

Regulation and Audits: Circle claims to maintain transparency by issuing regular attestation reports showing that reserves match the circulating supply of USDC.