What is USDC?
USD Coin (USDC) is a stablecoin designed to always be worth exactly one US dollar (1 USDC = 1 USD). It was developed by Circle in partnership with Coinbase and is one of the most widely used stablecoins in the world.
USDC is fully reserve-backed, meaning each token is backed 1:1 by U.S. dollars or approved reserve assets. It's commonly used to trade, transfer, or store value in crypto without being exposed to high volatility.
USDC exists on multiple blockchains, including Ethereum, Solana, and BNB Smart Chain, and is widely used in decentralized finance (DeFi), payments, and remittances.
