$USDC USDC (USD Coin) is a regulated stablecoin pegged 1:1 to the US dollar, issued by Circle. Backed by cash and short-term U.S. Treasuries, it offers transparency with monthly audits. Widely used for trading, remittances, and DeFi, USDC enables fast, low-cost dollar transactions on multiple blockchains. While reliable, it remains centralized—Circle can freeze funds if required by regulators. A safer choice among stablecoins due to its compliance and reserves.

Example: Sending 100USDC costs<1 and settles in seconds vs. bank wires.

Best for: Traders, businesses, and crypto users needing stable dollar access.

Alternatives: USDT (less transparent), DAI (decentralized).