USDC (USD Coin) is a stablecoin pegged to the US dollar, issued by Circle in partnership with Coinbase. Each USDC is backed by dollar reserves held in regulated financial institutions, ensuring a 1:1 parity with the USD. Transparent and regularly audited, USDC is widely used for fast, secure, and low-cost transactions on the blockchain, as well as serving as a foundation for operations in decentralized finance (DeFi), international payments, and trading on exchanges. Its stability and reliability make USDC a popular choice for those looking to minimize the typical volatility of the crypto market.