$USDC

*USDC (USD Coin)* is a *stablecoin* backed 1:1 by the US Dollar.

Key Info:

- *Launched by:* Circle (in partnership with Coinbase)

- *Value:* 1 USDC ≈ 1 USD (designed to stay stable)

- *Blockchain:* Available on Ethereum, Solana, Polygon, Base, and more

- *Fully backed:* By cash and short-term U.S. Treasury assets (audited reserves)

Use Cases:

- Crypto trading (stable price)

- Sending money globally

- Earning yield in DeFi

- Reducing volatility in portfolios

Benefits:

- Fast, cheap transfers

- Regulated and transparent

- Widely accepted in the crypto ecosystem