USD Coin (USDC) is a regulated, fully backed stablecoin pegged 1:1 to the U.S. dollar. Issued by Circle and governed by the Centre Consortium, USDC offers the stability of fiat currency with the flexibility of crypto. Each USDC is backed by reserves held in cash and short-duration U.S. Treasuries, regularly audited for transparency. It's widely used for trading, remittances, and DeFi applications due to its low volatility. USDC runs on multiple blockchains, including Ethereum, Solana, and Avalanche, making it highly accessible. As a trusted digital dollar, USDC bridges traditional finance and blockchain technology for fast, secure global transactions.
