USDC ($USDC ) is a stablecoin pegged 1:1 to the US dollar, developed by Circle and backed by Coinbase. Its main purpose is to provide a stable and transparent digital asset for transactions, investments, and cross-border transfers. Each USDC is backed by cash reserves or cash-equivalent assets that are regularly audited, making it one of the most trusted stablecoins. USDC operates on various blockchains such as Ethereum, Solana, Base, and Polygon, allowing for fast transactions and low fees. USDC is used in DeFi, e-commerce, and global payment integrations like Stripe Stablecoin Accounts.
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