$USDC USD Coin (USDC) is a stablecoin pegged to the U.S. dollar at a 1:1 ratio. It is issued by Circle and operates on multiple blockchains, including Ethereum, Solana, and Polygon. USDC is widely used for payments, trading, and decentralized finance (DeFi).

Key Features:

Fully backed reserves – Each USDC token is backed by cash and short-term U.S. Treasury assets.

Regulatory compliance – Circle follows strict U.S. financial regulations.

Fast transactions – Enables instant global payments with low fees.

Multi-chain support – Available on Ethereum, Solana, Avalanche, and other blockchains.