$USDC

USD Coin (USDC) is a type of cryptocurrency known as a stablecoin. It is pegged 1:1 to the U.S. dollar, meaning each USDC is intended to always be worth exactly one dollar. USDC was launched in 2018 by Circle and Coinbase through the Centre consortium. It operates on multiple blockchain networks such as Ethereum, Solana, and others, enabling fast and low-cost transactions. USDC is widely used in decentralized finance (DeFi), trading, and digital payments. It is fully backed by reserves held in U.S.-regulated financial institutions, with monthly audits to ensure transparency and maintain trust among users and investors.