$USDC USD Coin (USDC) is a stablecoin pegged to the U.S. dollar, meaning 1 USDC is intended to always equal $1. It’s issued by Circle and governed by Centre, a consortium that includes Coinbase. USDC is backed by fully reserved assets, regularly audited to ensure transparency. It runs on multiple blockchains, including Ethereum, Solana, and Polygon, enabling fast, low-cost transactions. USDC is widely used for trading, remittances, and decentralized finance (DeFi) applications. Its stability, trustworthiness, and ease of transfer make it a popular choice for users seeking to avoid the volatility of traditional cryptocurrencies like Bitcoin or Ethereum.