$USDC cryptocurrency market.

USDC, launched in 2018 by the CENTRE consortium, composed of Circle and Coinbase, is backed by real dollar reserves, ensuring that each token issued is supported by one dollar in the bank. Its transparency is enhanced by regular audits. As a stablecoin, USDC allows users to transact or store value without experiencing the volatility of other cryptocurrencies. It is widely used in decentralized finance (DeFi) and digital payments. In 2025, USDC continues to gain popularity, serving as a safe haven for investors amid fluctuations in the crypto market.