USDC stands for "USD Coin" and is a stablecoin backed 1:1 by actual US dollars.
Whenever you add money to your MAJORITY Global account, the funds are converted to USDC.
Your balance is held in USDC, but you can view the equivalent amount in your local currency.
When you withdraw money, it is converted back to your local currency using the current exchange rate.
USDC is designed to offer stability, transparency, and security, and is widely used across digital finance platforms.