$USDC USDC (USD Coin) is a fully backed stablecoin pegged 1:1 to the US Dollar. It is issued by Circle and governed in partnership with Centre, a consortium including Coinbase. USDC runs on multiple blockchains like Ethereum, Solana, and Avalanche. It is widely used in DeFi, trading, payments, and remittances due to its price stability. For every USDC in circulation, an equivalent USD is held in reserve, audited regularly for transparency. It offers faster, cheaper transactions compared to traditional banking. USDC is popular for converting crypto profits into stable value without exiting the blockchain ecosystem. It’s trusted and highly liquid.