$USDC USDC (USD Coin) is a stablecoin, a cryptocurrency designed to maintain a stable value, pegged 1:1 to the US dollar. This means that every USDC in circulation is backed by a real dollar or equivalent assets, such as cash and US Treasury bonds, held in segregated accounts by regulated financial institutions.

Created by Circle, USDC offers a digital alternative to traditional dollars, enabling fast, cost-effective, and global transactions through blockchain technology. It is widely used in the DeFi ecosystem for payments, loans, remittances, and as a safe haven during cryptocurrency market volatility. Its transparency and regulatory compliance have established it as one of the most reliable stablecoins.