$USDC (USD Coin) is a fully backed, regulated stablecoin pegged 1:1 to the U.S. dollar. Issued by Circle and governed by Centre Consortium, it’s widely used for trading, payments, and decentralized finance (DeFi). Built on blockchain networks like Ethereum, Solana, and others, USDC offers fast, transparent, and borderless transactions. Its reserves are held in cash and short-term U.S. Treasuries, audited monthly for transparency. Unlike volatile cryptocurrencies, USDC provides stability, making it ideal for hedging and transferring value. It bridges traditional finance with digital assets, enabling users worldwide to transact in dollars without relying on banks. Trusted and widely adopted globally.