$USDC **USDC (USD Coin)** is a stablecoin pegged 1:1 to the US dollar, launched in 2018 by Circle and Coinbase through the Centre Consortium. As a fully reserved stablecoin, each USDC is backed by cash and short-duration U.S. Treasuries, ensuring stability and transparency. Operating on multiple blockchains, including Ethereum, Solana, and Algorand, USDC enables fast, low-cost transactions. It is widely used for trading, payments, and DeFi applications due to its regulatory compliance and regular audits. USDC provides a reliable bridge between traditional finance and crypto, offering users a secure, liquid, and trustworthy digital dollar alternative.