$USDC USDC (USD Coin) is a stable cryptocurrency or stablecoin backed 1:1 by the US dollar, which means that for every USDC in circulation, there is one real dollar in reserve. It was launched in 2018 by the Centre consortium, founded by Circle and Coinbase. Its main goal is to offer stability in the volatile crypto market, facilitating payments, transfers, and trading without the typical fluctuations of other cryptocurrencies. USDC operates on various blockchains such as Ethereum, Solana, and Polygon, allowing for fast and economical transactions. It is widely used in decentralized finance (DeFi), remittances, digital commerce, and as a digital store of value.