$USDC (USD COIN) is a stablecoin backed by US dollars, designed to maintain a stable value of 1:1 with the dollar.
Issued by Circle and Coinbase, it offers fast and secure transactions on the blockchain; its main advantage is stability compared to other volatile cryptocurrencies.
USDC is used for payments, remittances, and as a reserve in DeFi protocols. Although its value usually does not fluctuate, it depends on the trust of its custodians and the applicable regulation.
In summary, USDC is a reliable option for those looking to minimize the risk of volatility in the crypto market, being useful for various financial applications.