$USDC $USDC USDC — Here's a quick overview:

💵 *USD Coin (USDC)*

- *Type*: Fiat-backed stablecoin

- *Value*: Pegged 1:1 to the U.S. dollar

- *Issuer*: *Circle*, in partnership with *Coinbase* via Centre Consortium

🧾 *Reserves Transparency*

- Fully backed by cash and short-term U.S. Treasuries

- Monthly attestations provided by regulated accounting firms

- Circle is pushing for regulation under pending *U.S. stablecoin bills* (like the GENIUS Act)

🔄 *Usage*

- Widely used in DeFi, centralized exchanges, remittances, and payments

- Supported on *Ethereum*, *Solana*, *Base*, *Avalanche*, and more

- Integrated into platforms like *Stripe*, *Visa*, and *Coinbase Commerce*

📰 *Recent Highlights*

- *Circle IPO expected in 2025*, aiming for NYSE listing under ticker *CRCL*

- Circle has relocated HQ to New York’s One World Trade Center to deepen ties with U.S. financial regulators

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