Here’s a 100-word explanation of USDC (USD Coin) in English:

USDC (USD Coin) is a type of stablecoin backed 1:1 by the US dollar, meaning 1 USDC is always equal to 1 USD. It was launched by Circle in partnership with Coinbase and operates on several blockchains including Ethereum, Solana, and Tron. USDC is widely used for digital payments, decentralized finance (DeFi), and crypto trading due to its price stability and fast transactions. It is fully backed by reserve assets held in regulated financial institutions and is regularly audited to ensure transparency. USDC offers a reliable, secure way to store and transfer value in the crypto ecosystem.