#USDC USD Coin (USDC) is a fully backed stablecoin issued by Circle and governed by the Centre Consortium, which also includes Coinbase. Pegged 1:1 to the US dollar, USDC is designed to offer a stable and transparent digital currency for payments, trading, and decentralized finance (DeFi) applications. Each USDC token is backed by a corresponding dollar held in regulated financial institutions, with regular audits conducted by third-party firms to ensure reserve transparency. Known for its compliance-focused approach and strong ties to traditional financial systems, USDC is widely adopted across crypto exchanges, wallets, and blockchain platforms, making it a trusted and reliable option for those seeking stability in the digital asset space.