VC typically refers to venture capital, which is not a currency. It's a form of private equity financing that investors provide to companies with high growth potential.
Venture capital firms invest in companies at various stages of development, from seed funding to later-stage growth funding. They typically invest in startups and emerging companies with the goal of achieving a substantial return on their investment.
Venture capital is not a currency, but rather an investment strategy. It's important to differentiate between the investment itself and the currency used to make the investment.
While venture capital investments are often made in US dollars, the currency used can vary depending on the location of the invested company and the preferences of the venture capital firm.
