What is the US Dollar (USDC) currency?
USDC (USD Coin) is a stablecoin pegged to the US dollar 1:1, backed by a mix of cash and short-term US Treasuries. Launched in September 2018 by Circle and Coinbase, it aims to enable digital financial transactions in a cashless era. USDC is transparent and regulatory compliant, ensuring every token is backed by real dollars. Its use has grown, especially in decentralized finance. The security of the coin is enhanced by Ethereum's blockchain technology. As for price predictions, they are difficult to predict since they are designed to maintain a constant value close to $1.