$USDC **USD Coin (USDC)** is a **stablecoin** backed at a **1:1** ratio with the US dollar. It was created by **Circle** in collaboration with **Coinbase**, with the aim of providing a stable alternative for digital payments and financial applications.

The reserves of USDC include **cash and U.S. Treasury bonds**, ensuring its stability and transparency. It is widely used in **crypto exchanges, global payments, and DeFi protocols**, facilitating transactions without the volatility of other cryptocurrencies.

Currently, it has a market capitalization of **$61.71 billion**, with a daily trading volume of **$7.91 billion**, establishing itself as one of the most reliable stablecoins in the ecosystem.