$USDC USD Coin (USDC) is a popular stablecoin that’s pegged 1:1 to the U.S. dollar, meaning 1 USDC is designed to always equal $1. It's issued by Circle and fully backed by cash and short-term U.S. government bonds, making it a trusted digital dollar in the crypto ecosystem.
USDC is widely used for stable trading pairs, remittances, DeFi protocols, and hedging against volatility. Unlike cryptocurrencies like Bitcoin or Ethereum, USDC doesn’t fluctuate in price, which makes it ideal for preserving value during market turbulence.
Traders and investors use USDC to move funds quickly between platforms or to park profits in a stable asset without cashing out to fiat. It's available on multiple blockchains like Ethereum, Solana, and Polygon, ensuring high accessibility and speed.