$USDC What is $USDC?

$USDC (USD Coin) is a regulated stablecoin pegged 1:1 with the U.S. dollar, meaning 1 USDC is always equal to $1 USD. It was launched by Circle in partnership with Coinbase and operates on major blockchains like Ethereum, Solana, and Avalanche. USDC is backed by 100% cash and short-term U.S. Treasuries, making it transparent and secure. It is widely used for trading, saving, remittances, and DeFi. With monthly audits and full regulatory compliance, USDC is considered one of the most trusted stablecoins in crypto. It bridges traditional finance with blockchain technology for faster, cheaper global payments.