$USDC USD Coin (USDC) is a stablecoin pegged 1:1 with the United States dollar (USD). Developed by Circle and supported by Coinbase, USDC is designed to bring stability in the volatile world of crypto assets. Each USDC token is backed by cash reserves or cash equivalents held in trusted financial institutions. USDC is widely used in cross-border transactions, DeFi, and as a hedge against price fluctuations of other cryptocurrencies. Due to transparency and regular audits, USDC has become one of the most trusted stablecoins in the market. Its use continues to grow across various blockchains such as Ethereum, Solana, and others.