$USDC USDC (USD Coin) is a stablecoin—a type of cryptocurrency that's pegged to the U.S. dollar. Each USDC token is designed to be backed 1:1 by a reserve of actual dollars or equivalent assets held in regulated financial institutions.

Here are a few key points:

Pegged to USD: 1 USDC ≈ $1 (in theory).

Issued by Circle (and originally in partnership with Coinbase via the Centre consortium).

Used for fast, low-cost transfers, decentralized finance (DeFi), and as a stable store of value in crypto markets.

Widely supported: Available on Ethereum, Solana, Avalanche, and several other blockchains.

Would you like to know how to use USDC, how it's backed, or something else?