$USDC **USDC (USD Coin)** is a leading stablecoin pegged 1:1 to the US dollar, issued by Circle in partnership with Coinbase. Backed by cash and short-term Treasury reserves, USDC ensures stability and transparency, with regular attestations by independent auditors. It operates on multiple blockchains, including Ethereum, Solana, and Algorand, enabling fast, low-cost transactions. Widely used in DeFi, trading, and remittances, USDC provides a reliable bridge between traditional finance and crypto. However, regulatory scrutiny over stablecoins has increased, particularly regarding reserve backing and compliance. Despite competition from USDT and emerging alternatives, USDC remains a trusted digital dollar in the crypto ecosystem.