$USDC USD Coin (USDC) is a stablecoin pegged to the U.S. dollar, meaning its value remains stable at 1:1 with USD. It was launched in 2018 by Circle and Coinbase under the Centre Consortium. USDC operates on multiple blockchain networks, including Ethereum, Solana, and Avalanche, making it highly versatile for payments, trading, and decentralized finance (DeFi). Backed by fully reserved assets held in regulated financial institutions, USDC offers transparency and regular audits. It is widely used for remittances, savings, and as a hedge against crypto volatility, providing a reliable digital dollar for businesses, traders, and investors in the crypto ecosystem.