$USDC **USDC (USD Coin)** is a stablecoin pegged to the US dollar at a 1:1 ratio, issued in collaboration by American companies Circle and Coinbase, and operates on multiple blockchain platforms including Ethereum. Each USDC is backed by an equivalent amount of US dollars or highly liquid assets as reserves, aiming to provide a stable and secure digital currency payment method. USDC is widely used in scenarios such as cross-border transfers, DeFi applications, and cryptocurrency asset trading, and due to its high compliance, it is favored by many institutional investors. It has strong transparency, and the issuer regularly publishes reserve audit reports.