USD Coin ($USDC ) is a fully-backed stablecoin pegged 1:1 to the U.S. dollar, designed to offer price stability and reliability within the cryptocurrency market. Issued by Circle and governed by the Centre Consortium, USDC is built on various blockchain networks, including Ethereum and Solana. Each USDC token is backed by equivalent reserves in cash and short-duration U.S. Treasuries, verified through regular audits. It’s widely used for trading, remittances, DeFi applications, and as a bridge between traditional finance and crypto. USDC provides a secure, transparent digital dollar that enables fast, low-cost global transactions while maintaining regulatory compliance and trustworthiness.