$USDC

USDC (USD Coin) is a stablecoin pegged 1:1 to the US dollar, meaning each USDC is backed by an equivalent amount of cash or cash-equivalent reserves. Launched in 2018 by Circle and Coinbase through the Centre Consortium, USDC operates on multiple blockchains, including Ethereum, Solana, and Avalanche. It enables fast, low-cost transactions while minimizing volatility, making it ideal for trading, payments, and DeFi applications. Regularly audited for transparency, USDC has become one of the most trusted stablecoins in crypto, with a market cap in the billions. It bridges traditional finance and blockchain technology.