$USDC L’USDC (USD Coin) is a stable cryptocurrency referred to as a "stablecoin," pegged to the US dollar at a 1:1 rate. It can be used in many situations, primarily within the cryptocurrency ecosystem, but also in real-world financial applications.

You can use USDC on exchange platforms like Coinbase, Binance, or Kraken to buy other cryptocurrencies or store value without experiencing the typical market volatility. It is also accepted as a payment method at certain online merchants, in decentralized finance (DeFi) applications, for borrowing, lending, or earning interest, for example through Aave, Compound, or Curve.

Its main utility lies in its stability. Unlike Bitcoin or Ethereum, its price does not fluctuate significantly, making it an excellent tool for transferring money quickly and at low cost, internationally or between wallets. Finally, it allows for quick actions in the crypto markets without needing to go through a traditional bank.