$USDC USDC (USD Coin) is a popular stablecoin pegged 1:1 to the U.S. Dollar. Here are key points:
Issuer: Managed by Circle and Coinbase under the Centre Consortium.
Backed by: Fully backed by cash and short-term U.S. government bonds, with regular audits.
Use Cases: Widely used for trading, DeFi, cross-border payments, and stable savings.
Chains Supported: Available on Ethereum, Solana, Polygon, Avalanche, Arbitrum, Base, and more.