$USDC As of today, USDC (USD Coin) remains a leading regulated stablecoin pegged 1:1 to the U.S. dollar. Issued by Circle and governed by Centre, it is widely used across DeFi, centralized exchanges, and payment systems. USDC is fully backed by reserves in cash and short-term U.S. Treasuries, with monthly attestations ensuring transparency. It operates on multiple blockchains including Ethereum, Solana, and Base, enhancing cross-platform utility. Despite competition from USDT and others, USDC is preferred for its regulatory compliance and institutional trust. Recent updates focus on expanding programmability and improving global remittance use. Market cap and demand remain stable today.
