$USDC USD Coin (USDC) is a popular stablecoin that is pegged 1:1 to the U.S. dollar. Developed by Centre, a consortium founded by Circle and Coinbase, USDC offers the stability of fiat currency with the flexibility of cryptocurrency. Each USDC is backed by equivalent cash or short-term U.S. government treasuries, ensuring transparency and trust. It's widely used for digital payments, remittances, DeFi, and as a safe store of value during crypto market volatility. USDC operates on multiple blockchains, including Ethereum, Solana, and Polygon, making it highly accessible and versatile for users and developers across the crypto ecosystem.