$USDC USD Coin (USDC) is a fully-backed stablecoin pegged 1:1 to the U.S. dollar, issued by Circle and governed by the Centre consortium. Launched in 2018, USDC offers the benefits of digital assets with the stability of fiat currency. Each USDC token is backed by equivalent cash and short-term U.S. government bonds, with reserves regularly audited by independent firms. It’s widely used for trading, payments, and decentralized finance (DeFi) applications across various blockchains like Ethereum, Solana, and Avalanche. USDC provides fast, transparent, and secure transactions worldwide, bridging the gap between traditional finance and cryptocurrency markets while maintaining regulatory compliance and trust.