$USDC $USDC USDC is a stablecoin pegged to the US dollar at a 1:1 ratio, launched by Circle in collaboration with Coinbase as part of the Centre Consortium. Each unit of USDC is backed by cash reserves or equivalent short-term assets, making it a reliable tool for transfers and daily trading. USDC is used on multiple blockchain networks such as Ethereum, Solana, and Polygon, and is characterized by fast transactions and lower fees compared to traditional banking systems. It is a preferred option for merchants and investors to reduce market volatility. It is also used in decentralized finance (DeFi) and digital payment solutions. USDC is considered one of the most transparent stablecoins due to its regular reports and independent audits.