USDC (USD Coin) is a stable digital currency (Stablecoin) pegged to the US dollar at a 1:1 ratio, meaning each unit is worth one dollar. It was launched in 2018 by Circle in collaboration with Coinbase under the Centre Consortium framework.
USDC aims to provide a stable digital payment and transfer method, combining the stability of traditional currencies with the flexibility of blockchain. USDC is used in trading, decentralized finance (DeFi), international remittances, and digital shopping, with its reserves held in regulated banks.
USDC operates on multiple blockchain networks such as Ethereum, Solana, and Polygon, making it easy to transfer and quick to use. It is considered one of the most reliable and transparent stablecoins thanks to regular audit reports and regulatory compliance.