$USDC Coin (USDC) is a stablecoin pegged to the U.S. dollar at a 1:1 ratio. Issued by Circle, it is backed by cash and short-term U.S. Treasury assets, ensuring stability. USDC operates on multiple blockchains, including Ethereum, Solana, and Algorand, making it widely accessible. It is used for payments, trading, and decentralized finance (DeFi) applications. Unlike volatile cryptocurrencies, USDC maintains price consistency, making it a preferred choice for businesses and investors seeking stability. Regulatory compliance and transparent reserves enhance trust in USDC, positioning it as a reliable digital dollar for global transactions and financial innovation.