$USDC USD Coin (USDC) is a stablecoin pegged 1:1 to the U.S. dollar, issued by Circle and backed by fully reserved assets. It provides the benefits of cryptocurrency—fast transactions, low fees, and global reach—while maintaining price stability. Widely used for trading, DeFi, and remittances, USDC is transparent, with monthly audits to verify reserves. It's available on multiple blockchains like Ethereum, Solana, and Avalanche, enhancing its accessibility. Regarded as a safer alternative in volatile markets, USDC has become a trusted digital dollar in crypto finance. However, its centralization raises concerns compared to decentralized stablecoins like DAI.