$USDC Created by Circle, a recognized cryptocurrency company based in the United States, USDC has a strong backing in terms of regular audits and security measures. This makes it a reliable option for those looking for a digital and modern way to manage their money. USDC is a type of cryptocurrency known as a fiat-backed stablecoin, meaning it is backed by reserve assets from the traditional financial system, such as cash, cash equivalents, or securities.