$USDC $USDC, or USD Coin, is a fully-backed stablecoin pegged 1:1 to the U.S. dollar. Launched by Circle and Coinbase through the Centre Consortium, it offers a stable, transparent digital currency that combines the benefits of blockchain with the reliability of fiat. Every $USDC in circulation is backed by equivalent reserves held in cash or short-term U.S. Treasury securities, with monthly audits ensuring transparency. Used widely in decentralized finance (DeFi), trading, remittances, and payments, $USDC enables fast, low-cost, and borderless transactions. Its stability and regulatory compliance make it a trusted choice for users seeking dollar-backed assets in the crypto ecosystem.