USD Coin (USDC) is a stablecoin that is pegged 1:1 to the US dollar, meaning 1 USDC is always intended to equal $1 USD. It’s issued by Circle and is fully backed by cash and short-term U.S. government securities.
Key Features:
Stable value: Designed to avoid the volatility of regular cryptocurrencies.
Fully backed: Each USDC is backed by real reserves.
Regulated issuer: Circle operates under U.S. financial laws.
Multi-chain: Available on Ethereum, Solana, Polygon, Avalanche, and more.
Popular for DeFi, trading, and payments.
