$USDC USDC (USD Coin) is a fully backed stablecoin pegged to the U.S. dollar, issued by Circle and governed by the Centre consortium. Each USDC token is backed 1:1 by cash or short-term U.S. Treasury assets held in regulated financial institutions, ensuring transparency and stability. It is widely used in decentralized finance (DeFi), trading, remittances, and payments due to its fast, low-cost, and secure blockchain transactions. USDC operates on multiple blockchain networks, including Ethereum, Solana, and Avalanche, enhancing its accessibility. Regular audits and compliance with U.S. regulations contribute to its growing trust. As digital finance expands, USDC plays a crucial role by bridging traditional finance with crypto, offering a reliable and stable medium of exchange in a volatile market.