$USDC (USD Coin) is a popular stablecoin pegged 1:1 to the US dollar, issued by the Centre Consortium (Circle and Coinbase). Each USDC token is backed by reserves in cash and short-term treasury bills, ensuring its stability. USDC operates on multiple blockchains, including Ethereum, Solana, and Polygon, enabling fast, cheap, and transparent transactions. It is widely used in DeFi, cryptocurrency trading, and as a safe way to store value in the digital environment. With regular audits and regulatory compliance, USDC enjoys the trust of investors and companies around the world.