$USDC

**USDC: A Stablecoin for the Digital Economy**

USDC (USD Coin) is a regulated, fully reserved stablecoin pegged 1:1 to the US dollar. Launched in 2018 by Circle and Coinbase through the Centre Consortium, it operates on multiple blockchains, including Ethereum, Solana, and Algorand, ensuring fast, low-cost transactions.

Each USDC is backed by cash and short-term US Treasuries held in audited reserves, ensuring transparency and trust. Regular attestations by independent accounting firms verify its dollar backing.

USDC is widely used in DeFi (decentralized finance) for trading, lending, and payments, offering stability in volatile crypto markets. It’s also utilized for cross-border transactions, payroll, and remittances due to its speed and low fees.

Regulated under US money transmission laws, USDC is a trusted stablecoin for institutions and individuals alike, bridging traditional finance and blockchain innovation. Its reliability and compliance make it a cornerstone of the digital asset ecosystem.