#USDC✅

🌟 What is USDC?

USDC (USD Coin) is a U.S. dollar–pegged stablecoin launched in September 2018 by Circle and Coinbase under the Centre Consortium . It operates across multiple blockchains (Ethereum, Solana, XRP Ledger, and others) and is 100% backed by liquid U.S. dollar reserves—primarily cash and short-term Treasuries—with independent attestations by large accounting firms .

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⚙️ USP & Use Cases

Reliable value: Designed to maintain a stable 1:1 USD value and redeemable at par .

Programmable & interoperable: Available on 20+ blockchains, enabling programmable money and cross-chain transfers .

Utility for businesses: Ideal for near-instant settlement, low fees, global payments, open finance applications, and institutional use .

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🔥 Recent Developments (June 2025)

1. USDC accepted as collateral in U.S. futures

Coinbase Derivatives and Nodal Clear plan to allow USDC as eligible collateral for regulated U.S. futures, pending CFTC approval. This is a breakthrough that positions USDC as a cash equivalent in professional markets .

2. USDC on XRP Ledger via Uphold

You can now hold and transfer USDC on the XRP Ledger through Uphold, enabling **fast, low-cost cross-border payments