$USDC #usdc **\$USDC** (USD Coin) is a fully backed stablecoin pegged 1:1 to the U.S. dollar, designed to maintain price stability in the volatile crypto market. Issued by Circle and governed by Centre Consortium (including Coinbase), USDC is built on multiple blockchains like Ethereum, Solana, and Avalanche. It’s widely used in decentralized finance (DeFi), remittances, and trading due to its transparency and regular attestations of reserves. Unlike algorithmic stablecoins, USDC is backed by actual cash and short-term U.S. Treasuries, offering greater trust and compliance. As digital dollar demand grows, USDC plays a key role in bridging traditional finance with the crypto economy.