USDC (USD Coin) is a stablecoin pegged to the U.S. dollar, ensuring each coin maintains a value of $1. Issued by Circle and Coinbase through the Centre consortium, USDC is fully backed by reserves, offering transparency and regular third-party audits. It operates across multiple blockchains like Ethereum and Solana, making it versatile for transactions, decentralized finance (DeFi), and trading. Known for its stability and regulatory compliance, USDC is widely adopted in the crypto space as a reliable store of value and a tool for reducing volatility. Its growth reflects the increasing demand for trustworthy digital assets in global finance.
