$USDC USDC (USD Coin) is one of the most popular stablecoin in the cryptocurrency market. Stablecoin is a cryptocurrency whose main task is to keep its value as stable as possible in all situations. In the case of the USDC, this means that the value of one USDC should be as close as possible to one dollar.

The value of the USDC is pegged 1:1 in US dollars, so the dollar exchange rate also determines its price. The dollar reserves underlying the USDC are deposited in an account designated by the USDC issuer. The USDC has been audited by Grant Thornton, one of the world's largest audit firms, and the USDC's underlying dollar reserves are also reviewed at regular intervals to ensure compliance.