#USNationalDebt

The currency *$USDC* is a digital stablecoin linked to the US dollar at a 1:1 ratio, issued by *Circle* in collaboration with *Coinbase*. It aims to provide a stable, secure, and fast digital payment method on various blockchain networks such as Ethereum and Solana. It is fully backed by cash or cash-equivalent assets, and monthly transparency reports are published to ensure the existence of reserves.