$USDC USDC (USD Coin) – is a stablecoin designed to maintain a 1:1 peg to the US dollar, aimed at providing stability in the cryptocurrency market. Each USDC token is backed by reserves consisting of cash and short-term US Treasury bonds. Launched in 2018 by the Centre consortium, a joint project of Circle and regulated financial institutions, USDC aims to bridge traditional finance with blockchain technology. It is widely used for transactions, decentralized finance (DeFi), and digital payments across multiple blockchain networks.