$USDC Currency Collateral Type Issuer Transparency Common Uses

USDC Fully Cash-Backed Circle and Coinbase High (Regular Audits) Trading, Decentralized Finance, Payments

USDT Backed by a Mix of Assets Tether Limited Lower Transparency Trading, International Transfers

DAI Backed by Digital Assets (like ETH) MakerDAO Community High (Decentralized) Decentralized Finance, Governance

✅ USDC Features

Transparency: USDC is subject to monthly audits by reputable accounting firms like Deloitte, enhancing trust in its reserves.

Regulatory Compliance: USDC complies with U.S. regulations, making it a reliable option for institutions.