$USDC

What is USDC?

USDC (USD Coin) is a stablecoin pegged to the U.S. dollar, meaning 1 USDC is intended to always equal 1 USD. Issued by Circle and supported by Coinbase, it’s backed by cash and short-term U.S. government bonds to ensure stability. USDC operates on multiple blockchains, including Ethereum and Solana, enabling fast and secure digital transactions. It’s widely used in trading, decentralized finance (DeFi), and online payments. Unlike volatile cryptocurrencies like Bitcoin, USDC is designed to maintain a constant value, making it a reliable option for transferring money or storing value in the crypto ecosystem without exposure to price swings.