$USDC USD Coin (USDC) is a stablecoin pegged to the value of the US dollar, meaning 1 USDC is worth 1 USD. It is issued by Circle, a blockchain startup backed by Coinbase and Bitmain. The USDC token is designed to provide a secure, efficient, and transparent way to pay for global transactions. First launched on the Ethereum blockchain as an ERC-20 token, USDC is now available on the Solana, Stellar, Algorand, Arbitrum, Sui, Polygon, Sei blockchains. It can be purchased on both centralized exchanges (CEX) and decentralized exchanges (DEX). Compared to digital assets like BTC or ETH, stablecoins like USDC have a significantly lower volatility history, making them ideal for payment transactions and storage.