$USDC
**\$USDC (USD Coin)** is a U.S. dollar–backed stablecoin issued by Circle, maintaining a 1:1 peg through fully reserved assets like cash and short-term Treasuries. It operates across multiple blockchains including Ethereum and Solana, and is widely used in trading, DeFi, payments, and remittances. Known for its transparency, Circle provides monthly reserve attestations. Following U.S. Senate approval of the GENIUS Act—offering regulatory clarity for stablecoins—confidence in USDC has surged. As of mid-2025, USDC’s market cap has surpassed \$60 billion, making it one of the most trusted and widely used stablecoins in the digital finance ecosystem.