$USDC In short, USD Coin is a service for tokenizing the US dollar and facilitating its use on the internet and public blockchains. Additionally, USDC tokens can be exchanged back to USD at any time. The issuance and redemption of USDC tokens is ensured by the ERC-20 smart contract. Among the most important features offered by stablecoins like USDC, bringing US dollars onto the blockchain and the ability to transfer them anywhere in the world in just a few minutes is by far one of the most significant, along with the high degree of stability they bring to the cryptocurrency industry. Furthermore, USDC opens up new opportunities for trading, lending, hedging, and much more.