#BinanceAlphaAlert USDC is a fully-backed, fiat-collateralized stablecoin pegged to the U.S. dollar at a 1:1 ratio. Launched by Centre, a consortium founded by Circle and Coinbase, USDC is widely used across blockchain networks for payments, trading, and decentralized finance (DeFi). Each USDC token is backed by cash or short-term U.S. government bonds held in regulated financial institutions. Regular audits ensure transparency and trust. USDC offers the stability of traditional currency with the speed and flexibility of crypto. It plays a crucial role in enabling seamless value transfer, arbitrage, and stable on-chain settlements across multiple blockchains like Ethereum, Solana, and more.