$USDC Coin ($USDC) is a fully-backed, regulated stablecoin pegged 1:1 to the U.S. dollar. Issued by Circle and governed by the Centre Consortium (which includes Coinbase), USDC is designed to combine the benefits of blockchain technology with the stability of traditional fiat currency. It operates on multiple blockchains including Ethereum, Solana, and Avalanche, enabling fast, low-cost transactions. Each USDC token is backed by an equivalent amount of U.S. dollars held in reserve, regularly audited for transparency. USDC is widely used in decentralized finance (DeFi), cross-border payments, and as a stable store of value within the crypto ecosystem