#CircleIPO ffUSDC or USD Coin is a stablecoin whose value is pegged 1:1 to the US dollar or can be said to be a digital dollar. Stablecoin is a crypto asset that has the same value as a certain asset, such as currency and gold. USDC is issued by the Centre Consortium, a collaboration between Circle Internet Financial and Coinbase. USDC is the most liquid stablecoin because its entire asset reserves are 100% cash (US dollars) and short-term US government bonds. The funds are also managed by leading US companies such as Blackrock and BNY Mellon.