$USDC USDC (USD Coin) is a fully backed stablecoin pegged to the U.S. dollar, issued by Circle in collaboration with Coinbase. Each USDC token is backed 1:1 by cash or short-term U.S. government bonds held in regulated financial institutions. As a stablecoin, it provides a reliable medium of exchange and store of value within the volatile cryptocurrency market. USDC is widely used for trading, remittances, decentralized finance (DeFi), and cross-border payments. It operates on multiple blockchains, including Ethereum, Solana, and Polygon. Its transparency is ensured through monthly audits and public attestations. USDC's stability, regulatory focus, and broad adoption have made it a preferred choice for both institutional and retail crypto users seeking low-risk digital transactions.