The Regulated Stablecoin Powering Global Finance
USDC is a fully backed, U.S. dollar–pegged stablecoin issued by Circle and Coinbase’s Centre Consortium, launched in September 2018 . Each USDC is redeemable 1:1 for USD, with reserves held in cash and short‑term U.S. Treasuries—independently attested monthly .
Now the world’s second‑largest stablecoin with over $60 billion in circulation and a record $219 billion April trading volume , USDC facilitates fast, low‑cost, cross‑border payments across blockchains like Ethereum, Solana, Avalanche, and XRP Ledger .
Recently, U.S. regulators and Coinbase/Nodal Clear enabled USDC as eligible collateral for futures trading—a historic bridge between crypto and traditional derivatives . As federal stablecoin regulation advances (e.g., Senate’s GENIUS Act), USDC’s credibility and adoption are surging .
Today, USDC emerges not just as a stable digital dollar but as a key infrastructure for global commerce, DeFi, and institutional finance