$USDC USDC is a stablecoin backed by fiat currency US dollars, jointly launched by Circle and Coinbase. It has high transparency, with monthly audit reports, making it suitable for payments, hedging, and cross-border transfers. Compared to USDT, USDC performs better in compliance and regulatory acceptance, making it suitable for institutional investors. However, its centralized nature also poses certain risks, such as regulatory intervention or fund freezing, so investors need to weigh the balance between decentralization and security. Overall, USDC is one of the mainstream and trusted stablecoins currently.