$USDC USD Coin (USDC) is a stablecoin pegged 1:1 to the U.S. dollar, issued by Circle and governed by the Centre consortium. It runs on multiple blockchains, including Ethereum, Solana, and Polygon, ensuring fast and low-cost transactions. USDC is fully backed by cash and short-term U.S. Treasuries, with regular audits to maintain transparency. It is widely used in DeFi, remittances, and payments, offering a reliable digital alternative to traditional banking. Regulators closely monitor USDC, influencing its adoption and compliance. As stablecoins gain mainstream acceptance, USDC remains a key player in bridging traditional finance with blockchain-based economies.