$USDC is a “stablecoin” — a cryptocurrency that aims to hold a stable value by being pegged 1:1 to the US dollar. It’s fully backed by cash and cash-equivalent reserves, redeemable for usd. �

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As of late 2025, $USDC remains among the top stablecoins in market capitalization. �

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It’s widely used across blockchains and crypto exchanges, acting as a bridge between traditional fiat (USD) and crypto assets. �

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