USD Coin (USDC) is a fully backed, dollar-pegged stablecoin issued by regulated financial institutions. Developed by Circle and Coinbase, USDC maintains a 1:1 value with the U.S. dollar, offering users a stable and transparent digital currency. It operates on multiple blockchains like Ethereum, Solana, and Avalanche, enabling fast, low-cost transactions. USDC is widely used in decentralized finance (DeFi), trading, and global payments. Each USDC token is backed by reserves held in regulated U.S. financial institutions, with regular attestations for transparency. As a trusted stablecoin, USDC bridges the gap between traditional finance and the rapidly evolving world of digital assets.
