$USDC What is USDC (USD Coin)?

USD Coin (USDC) is a stablecoin backed 1:1 by the U.S. dollar and maintained by regulated financial institutions. It was launched by Circle and Coinbase as part of the Centre Consortium. USDC is built on blockchain networks like Ethereum, Solana, and others, enabling fast and secure digital transactions. It combines the benefits of cryptocurrencies—such as instant global transfers—with the price stability of the U.S. dollar. USDC is regularly audited to ensure transparency and trust. It’s widely used for trading, payments, and DeFi applications, making it one of the most trusted and popular stablecoins in the crypto market.