$USDC $USDC (USD Coin) is a fully-backed stablecoin pegged 1:1 to the U.S. dollar, issued by Circle and governed by Centre Consortium. It’s widely used in crypto trading, payments, and DeFi due to its stability and transparency. Each USDC is backed by dollar reserves held in regulated financial institutions. Unlike volatile cryptocurrencies, USDC provides a bridge between traditional finance and digital assets. It's available on multiple blockchains like Ethereum, Solana, and Avalanche. USDC enables fast, low-cost global transfers and stable value storage. As of June 2025, it holds a market cap exceeding $61 billion, reflecting strong adoption and trust.