$USDC USDC (USD Coin) is a stablecoin pegged to the US dollar. It's designed to maintain a stable value, reducing volatility often associated with other cryptocurrencies. USDC is widely used for:

- *Fast and low-cost transactions*: Transferring value globally without traditional banking fees

- *Trading and investing*: A stable store of value in volatile crypto markets

- *Decentralized finance (DeFi)*: Used in lending, borrowing, and yield farming protocols

- *Payments*: Merchants can accept USDC for goods and services

Backed by Circle and Coinbase, USDC offers transparency and regulatory compliance, making it a trusted stablecoin in the crypto ecosystem.