$USDC
Launched in 2018, USD Coin (USDC) emerged from a collaboration between Circle and Coinbase under the Centre consortium, aiming to offer a trustworthy digital version of the US dollar. As a stablecoin, USDC is fully backed by reserves of US dollars and short-term Treasury assets, with frequent attestations to uphold transparency and trust. Originally built on Ethereum, it has since expanded across multiple blockchains, boosting its usability. Strategic partnerships, like those with Visa, have underscored its growing role in the digital economy. Now solely managed by Circle, USDC remains a leading stablecoin used in trading, DeFi, and cross-border payments. Despite regulatory scrutiny, USDC continues to bridge the gap between traditional financial systems and blockchain-based innovation.
