#StablecoinSurge USDC or USD Coin is a stablecoin whose value is pegged at 1:1 with the US dollar or can be said to be a digital dollar. A stablecoin is a crypto asset that has the same value as a specific asset, such as currency and gold. USDC is issued by the Centre Consortium, a collaboration between Circle Internet Financial and Coinbase.

USDC is the most liquid stablecoin because all of its asset reserves are 100% comprised of cash (US dollars) and short-term US government bonds. The funds are also managed by leading US companies such as Blackrock and BNY Mellon.