$USDC

USDC is primarily issued by Circle, a regulated fintech company. It was initially launched by Centre, a consortium co-founded by Circle and Coinbase.Each USDC in circulation is intended to be 100% backed by highly liquid cash and cash-equivalent assets, such as US dollars held in segregated accounts with regulated US financial institutions and short-dated US Treasuries. Circle provides regular attestations (audits) from a "Big Four" accounting firm to demonstrate this backing.