$USDC

USDC – 100-Word Overview

USD Coin (USDC) is a fully reserved U.S. dollar-backed stablecoin issued by Circle and governed by the Centre Consortium. Each USDC is pegged 1:1 to the U.S. dollar and backed by cash and short-term U.S. Treasuries, with monthly attestations ensuring transparency. Regulated under U.S. frameworks, it’s widely used for payments, DeFi, and trading, especially in CEXs and DEXs. USDC offers high liquidity, low volatility, and fast cross-border settlements. Its reliability has made it a favorite among institutions. Circle aims to expand USDC globally, with growing adoption in Asia, Africa, and through emerging real-world asset (RWA) tokenization platforms.