#TrumpTariffs
USDC (USD Coin) is a stablecoin pegged 1:1 to the US dollar, launched in 2018 by Circle and Coinbase through the Centre Consortium. Built on blockchain technology, USDC provides a stable digital asset for transactions, trading, and decentralized finance (DeFi) applications. Its value is backed by reserves of cash and short-term US Treasury bonds, ensuring transparency through regular audits. USDC is widely used for cross-border payments, remittances, and as a hedge against crypto market volatility. As of 2025, it remains one of the most trusted and widely adopted stablecoins, playing a key role in the global crypto ecosystem.