$USDC What is USDC?

USD Coin (USDC) is a stablecoin pegged 1:1 to the US Dollar. It’s issued by Circle and backed by fully reserved assets, including cash and short-term US Treasuries. Unlike volatile cryptocurrencies, USDC maintains a stable value, making it useful for payments, trading, and storing value.

Built on multiple blockchains including Ethereum, Solana, and Avalanche, USDC offers fast, low-cost transactions and high transparency. It is widely used in DeFi, exchanges, and cross-border transfers.

USDC’s stability and regulatory compliance make it one of the top 3 stablecoins in the crypto market today.