Pandas Split String in colum into colums with 0/1 ; get dummies on all characters of a string [duplicate]

Question

Very likely this question was answered, but I can not find a good title. I have this pandas data structure, based on a given excel sheet:

other columns	Code
...	ABC
...	CAB
...	R

I want to get this:

other columns	A	B	C	R
...	1	1	1	0
...	1	1	1	0
...	0	0	0	1

Of course, I could iterate over each row and so this manually, but all ideas in my head will either be slow or memory consuming or both.

What is the one line solution here?