USD Coin (USDC) is a stablecoin — a type of cryptocurrency designed to maintain a stable value.
Unlike Bitcoin or Ethereum, whose prices can swing widely, USDC aims to stay pegged 1:1 with the U.S. dollar (i.e., 1 USDC ≈ 1 USD).
It’s issued by Circle in partnership with Coinbase via the Centre Consortium.
USDC operates on many blockchains (Ethereum, Solana, Avalanche, Polygon, etc.), making it highly versatile.
Stablecoins like USDC are not “investment tokens” in the traditional sense — their goal is stability, not price appreciation.
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