$USDC USD Coin ($USDC) is a stablecoin pegged to the U.S. dollar at a 1:1 ratio, ensuring price stability. Issued by Circle and governed by the Centre Consortium, it operates on multiple blockchains, including Ethereum, Solana, and Avalanche. Each USDC token is backed by cash or short-term U.S. government bonds, making it a secure digital asset for payments, trading, and decentralized finance (DeFi). USDC offers fast, low-cost transactions and is widely used for remittances, yield farming, and cross-border payments. Regular audits ensure transparency, reinforcing trust in its stability. It serves as a bridge between traditional finance and cryptocurrency markets.
