$USDC USDC is a stablecoin pegged to the US dollar at a 1:1 ratio. Each unit in circulation is backed by a dollar held in reserve, composed of cash and short-term US Treasury bonds. It was launched in September 2018 with the goal of providing stability in the cryptocurrency market and facilitating cashless digital transactions.

USDC is issued by regulated financial institutions and has become a popular option for digital payments, trading, and applications in decentralized finance. Its adoption has grown across various platforms and services, allowing users to conduct fast and secure transactions. Its transparency and periodic audits reinforce confidence in its use within the digital financial ecosystem.