$USDC
USDC (USD Coin) is a stablecoin pegged to the US dollar at a 1:1 ratio. It was created by Circle and is backed by cash reserves and U.S. Treasury bonds, ensuring its stability and transparency.
Since its launch in 2018, USDC has become one of the most widely used stablecoins in the cryptocurrency world. Its market capitalization has grown significantly, reaching over $61.5 billion in 2025. It is widely used in DeFi, international payments, and as a refuge against the volatility of other cryptocurrencies.
Recently, Circle, the issuer of USDC, debuted on the New York Stock Exchange, marking a milestone in the institutional adoption of stablecoins. Additionally, the company has emphasized its commitment to regulation and transparency, differentiating itself from competitors like Tether (USDT).
USDC is compatible with multiple blockchains, including Ethereum, Solana, Avalanche, and Polygon, which facilitates its integration into various financial platforms and applications. Its use continues to expand, with banks and fintechs exploring new ways to leverage its stability and accessibility.