What Is USD Coin (USDC)?
USD Coin (USDC) is a fully regulated stablecoin developed by Circle in partnership with Coinbase under the Centre Consortium.
Unlike other stablecoins, USDC prioritizes transparency, regulatory compliance, and financial security, making it a preferred choice for both institutional and retail investors.
How Does USDC Work?
Every USDC token is backed 1:1 by real U.S. dollars and short-term Treasury bonds, held in regulated U.S. financial institutions. This ensures that every USDC in circulation is redeemable for actual fiat currency, providing trust and accountability for users.
Regulated and Transparent: USDC undergoes monthly audits by top accounts.