$USDC USDC, or USD Coin, is a stablecoin pegged to the U.S. dollar, meaning its value is designed to remain as close to $1 as possible. It's a cryptocurrency built on various blockchain networks like Ethereum.

Created by Circle and Coinbase through the Centre Consortium, USDC aims to provide a stable digital currency for online transactions and the crypto ecosystem. Each USDC token is backed by U.S. dollar or equivalent assets held in reserve, offering more price stability compared to volatile cryptocurrencies like Bitcoin. This makes it useful for trading, lending, and as a safe haven within the crypto market.