$USDC USDC, or USD Coin, is a stablecoin developed by Circle and Coinbase, backed by the US dollar. It's designed to facilitate mainstream adoption of blockchain technology for payments. USDC's market capitalization is over $58 billion, with a circulating supply of 58.77 billion coins ¹. As a stablecoin, USDC's value is pegged to the US dollar, making it a popular choice for traders and investors seeking to minimize volatility. USDC is listed on various exchanges, including Binance and Coinbase.