#BinanceTradeSmaster USDC (USD Coin) is a stablecoin pegged to the value of the U.S. dollar, designed to maintain a 1:1 value ratio with the dollar. It is issued by regulated financial institutions and backed by reserves, such as cash or short-term U.S. Treasury securities. USDC aims to provide stability in the volatile cryptocurrency market by offering a reliable digital asset for transactions, investments, and savings. Its transparency is ensured through regular audits, allowing users to trust that each token is fully backed by equivalent fiat currency. USDC is widely used in decentralized finance (DeFi) applications, trading, and remittances.