$USDC #USDCRewards

USDC (USD Coin) is a stablecoin pegged 1:1 to the US dollar, backed by cash and short-term Treasury reserves. Launched in 2018 by Circle and Coinbase, it operates on multiple blockchains (Ethereum, Solana, etc.) and is widely used for trading, lending, and payments.

**Key Features:**

- **Transparency:** Monthly attestations verify reserves.

- **Speed & Low Cost:** Enables fast, cheap cross-border transfers.

- **DeFi Integration:** A trusted stablecoin in decentralized finance (DeFi) for liquidity and yield farming.

**Use Cases:**

- Hedging against crypto volatility.

- Earning interest via DeFi protocols.

- Facilitating global transactions without traditional banking delays.

USDC combines dollar stability with blockchain efficiency.