$USDC USDC (USD Coin) is a regulated, fully reserved stablecoin pegged 1:1 to the US dollar, launched in 2018 by Circle and Coinbase through the CENTRE Consortium. It operates on multiple blockchains (Ethereum, Solana, etc.) and is widely used for trading, payments, and decentralized finance (DeFi). Backed by cash and short-term U.S. Treasuries held in audited reserves, USDC prioritizes transparency and compliance, with monthly attestations by third-party firms. Its stability makes it a trusted medium for hedging crypto volatility, cross-border transactions, and earning yield. As the second-largest stablecoin by market cap, USDC combines blockchain efficiency with regulatory oversight