USD Coin (USDC) is a stablecoin pegged to the US dollar, meaning its value remains close to $1. It is issued by Circle and backed by fully reserved assets, ensuring transparency and stability. Built on multiple blockchain networks like Ethereum, Solana, and Algorand, USDC enables fast and low-cost transactions globally. It is widely used for payments, trading, and decentralized finance (DeFi) applications. USDC undergoes regular audits to verify its reserves, enhancing trust among users. Unlike volatile cryptocurrencies, it provides stability while maintaining the benefits of digital assets. It is a popular choice for businesses, traders, and crypto enthusiasts alike.