#GENIUSActPass USD Coin (USDC) is a fully-backed stablecoin pegged to the U.S. dollar, designed to maintain a 1:1 value with USD. Issued by regulated financial institutions like Circle and Coinbase under the Centre Consortium, USDC is built on blockchain networks such as Ethereum, Solana, and others, enabling fast, secure, and transparent transactions. Each USDC token is backed by dollar-denominated assets held in regulated bank accounts, with reserves audited regularly. It is widely used for trading, payments, and decentralized finance (DeFi) applications. USDC offers the stability of fiat currency with the speed and programmability of crypto, bridging traditional finance and digital assets.