#usdc USDC (USD Coin) is a stablecoin cryptocurrency developed by Circle, pegged to the US dollar. Here are some key points about USDC ¹:

- *Stablecoin Nature*: USDC's value is tied to the US dollar, making it a stablecoin. This means 1 USDC should always be worth 1 USD.

- *Blockchain Presence*: USDC operates on multiple blockchain platforms, including Ethereum (ERC-20), Base, and Polygon.

- *Usage*: USDC is used for settling transactions within payment networks like Visa. It's also popular in Latin America as a hedge against inflation.

- *Reserves*: Each USDC is backed by fully reserved assets, with regular attestations by Grant Thornton, LLP.

- *Market Presence*: As of December 2024, USDC had $41 billion in assets under management and competes with Tether (USDT) in the stablecoin market.

- *Recent Developments*: Circle, the issuer of USDC, went public with an initial public offering (IPO) on the New York Stock Exchange (NYSE) on June 5, 2025.

You can buy USDC on platforms like Ripio, which offers real-time quotes and allows users to buy, sell, and hold USDC.$BNB