USD Coin (USDC) is a stablecoin pegged to the US Dollar, providing a digital currency with a 1:1 value ratio to USD. It is widely used in the cryptocurrency ecosystem for trading, payments, and as a store of value, offering stability in contrast to more volatile cryptocurrencies.

WHAT IS USDC?
USDC is a fully-backed stablecoin issued by regulated institutions and built on blockchain platforms like Ethereum and Solana. Each USDC token is backed by reserves held in USD, making it a reliable and transparent stablecoin for users and businesses in the crypto space.

KEY FEATURES

• Stability: USDC maintains a stable value of 1 USDC = 1 USD, making it useful for hedging against market volatility.

• Transparency: USDC is regularly audited, and its reserves are disclosed publicly, ensuring full backing and trust.

• Fast and Low-Cost Transactions: USDC transactions are quick and affordable, ideal for cross-border payments and transfers.

• Widely Accepted: USDC is supported across many cryptocurrency exchanges, wallets, and decentralized finance (DeFi) platforms.

• Regulated: Issued by regulated institutions, USDC complies with US laws and is backed by real-world assets in reserve accounts.