$USDC **USD Coin (USDC)** is a leading stablecoin pegged 1:1 to the US dollar, designed to combine the stability of fiat currency with the efficiency of blockchain technology. Launched in 2018 by Circle and Coinbase through the Centre Consortium, USDC operates on multiple blockchains, including Ethereum, Solana, and Avalanche, enabling fast, low-cost transactions. Unlike volatile cryptocurrencies, USDC maintains its value by holding equivalent reserves in cash and short-term US Treasuries, regularly audited for transparency. It is widely used for trading, remittances, DeFi protocols, and as a safe haven during market downturns. Regulated and trusted by institutions, USDC plays a crucial role in bridging traditional finance with the crypto economy while ensuring compliance and reliability.