$USDC USDC is a stablecoin backed by US dollars, issued by Circle, that is used for payments, transactions, and settlements on blockchain networks. It is fully reserved and redeemable 1:1 for US dollars, and operates on multiple public blockchains. This means it is backed by reserve assets from the traditional financial system.

USDC is the main token that powers your everyday finances in Web3 and streamlines access to the world of decentralized finance: by earning rewards, you can trade for more tokens and make faster, more accessible, and reliable payments. USDC is becoming the most used stablecoin of choice in a market with high volatility, as it offers a safe haven for traders during those uncertain price fluctuations filled with uncertainty.