$USDC USDC (USD Coin) is a stablecoin pegged to the US dollar, meaning its value is designed to remain stable at a 1:1 ratio with the USD. This digital currency is popular for transactions, trading, and as a store of value due to its stability and transparency. USDC is widely used in various crypto applications, including lending, borrowing, and payments. It's backed by reserves held in regulated financial institutions, providing users with confidence in its value. USDC offers a reliable and efficient way to hold and transfer US dollar value on the blockchain ¹.