$USDC USD Coin (USDC) is a regulated, fully-backed stablecoin pegged 1:1 to the U.S. dollar. Developed by Circle and Coinbase under the Centre consortium, USDC offers the stability of fiat currency with the speed and flexibility of blockchain technology. It's widely used for trading, remittances, DeFi, and cross-border payments. Every USDC is backed by equivalent reserves held in U.S. bank accounts, with regular audits to ensure transparency. Operating on multiple blockchains like Ethereum, Solana, and Avalanche, USDC enables near-instant global transactions. Its compliance and reliability have made it one of the most trusted and widely adopted stablecoins in the crypto ecosystem.