$USDC is a fully-backed stablecoin pegged 1:1 to the U.S. dollar, issued by Circle in partnership with Coinbase. It runs on multiple blockchains including Ethereum, Solana, Avalanche, and more, offering fast, low-cost, and transparent digital dollar transactions.
Key Features:
Stable Value: Always redeemable 1:1 for USD.
Fully Regulated: Issued by regulated financial institutions, with reserves held in cash and short-term U.S. Treasuries.
Widely Adopted: Used across DeFi, NFTs, gaming, remittances, and global payments.
Transparent: Monthly attestations by independent auditors confirm reserve holdings.
$USDC plays a key role in bridging traditional finance and Web3, powering everything from decentralized exchanges to cross-border settlements.