$USDC USD Coin ($USDC) is a fully backed stablecoin pegged 1:1 to the U.S. dollar, issued by Circle and governed by the Centre Consortium. Launched in 2018, USDC runs on multiple blockchains including Ethereum, Solana, and Avalanche, enabling fast, low-cost, and borderless transactions. It’s widely used in DeFi, remittances, and crypto trading due to its stability and transparency. Every USDC token is backed by an equivalent reserve of cash and short-term U.S. Treasury bonds, with monthly attestations by regulated auditors. USDC is considered one of the most trusted stablecoins, prioritizing regulatory compliance and integration with financial institutions and fintech platforms.