$USDC

Coin (USDC) is a type of cryptocurrency known as a stablecoin, which means its value is always equal to 1 U.S. dollar. It was created to combine the benefits of digital money—like fast and global transfers—with the stability of traditional currency.

Main Features:

Stable Value: 1 USDC is always worth $1.

Fully Backed: Every USDC is supported by real dollars or U.S. Treasury assets held by trusted financial institutions.

Transparency: The company behind USDC, Circle, shares regular reports showing that enough money is held to back every coin.

Works on Many Blockchains: USDC isn’t limited to just one system. It runs on Ethereum, Solana, Polygon, and more.

Popular Use: It's used for trading, international payments, and DeFi (decentralized finance) apps.

Recent News:

In 2025, Circle announced it’s moving its headquarters from Boston to New York, ahead of a planned stock market listing (IPO).

Circle also introduced a new payment system to make global money transfers more efficient.

Market Status:

As of late 2024, USDC had over $41 billion in circulation, making it one of the top stablecoins in the crypto world.