$USDC USD Coin ($USDC) is a fully-backed, regulated stablecoin pegged 1:1 to the U.S. dollar. Issued by Circle and governed by the Centre Consortium, USDC operates on multiple blockchains including Ethereum, Solana, and Avalanche. Each USDC token is backed by cash and short-term U.S. government bonds, ensuring transparency and liquidity. It is widely used for trading, DeFi applications, cross-border payments, and yield generation. Unlike algorithmic stablecoins, USDC’s reserve structure is audited monthly, providing greater confidence to users. With growing integration across Web3 platforms, $USDC serves as a bridge between traditional finance and crypto, offering a reliable digital dollar alternative amid crypto market volatility.