USDC (USD Coin) is a stablecoin that is pegged 1:1 to the US dollar and is issued by regulated financial institutions. It is designed to maintain a stable value and is primarily used for trading and transferring value on blockchain networks. As of now, USDC is not considered a security, but regulatory interpretations may vary over time. It's always good to stay updated on the latest regulatory guidelines regarding digital assets like USDC.
