$USDC USDC (USD Coin) is a type of stablecoin, which is a cryptocurrency designed to maintain a stable value relative to a traditional currency—in this case, the U.S. dollar.

Key Facts about USDC:

1 USDC = 1 USD (in theory, it's pegged to the dollar)

Issued by: Centre Consortium (a partnership between Circle and Coinbase)

Blockchain support: Available on Ethereum, Solana, Algorand, Avalanche, and more

Use cases: Trading, saving, lending, remittances, decentralized finance (DeFi), etc.

Backed by: Reserves in cash and short-term U.S. government bonds (audited regularly)

Would you like to know how to buy, use, or store USDC—or how it compares to other stablecoins like USDT or DAI?