$USDC

As of today, June 18, 2025, USD Coin (USDC) maintains its 1:1 peg to the U.S. dollar, trading at approximately $1.00 USD. In Indian Rupees (INR), 1 USDC is valued around ₹85.22 .

USDC is a fully collateralized stablecoin, backed by reserves consisting of cash and short-duration U.S. Treasury instruments. These reserves are held by regulated financial institutions like The Bank of New York Mellon and managed by BlackRock via the Circle Reserve Fund .

The stablecoin's stability and transparency have made it a preferred choice for various applications, including decentralized finance (DeFi), cross-border payments, and as a hedge against cryptocurrency volatility.