What is USDC ?

USDC is a type of stablecoin, which is a cryptocurrency that is designed to maintain a stable value relative to a specific asset, such as the US dollar. The value of USDC is pegged to the US dollar on a 1:1 basis, meaning that 1 USDC is always worth 1 US dollar.

USDC is issued by Circle, a financial technology company that is focused on the use of blockchain and digital assets. USDC is built on the Ethereum blockchain and is used as a store of value and as a medium of exchange in a variety of applications, including decentralized finance, remittances, and e-commerce.

In summary, USDC is a stablecoin that is pegged to the US dollar and is issued by Circle. It is designed to provide a stable and secure digital asset that can be used as a store of value and as a means of payment in various applications.