$USDC USDC (USD Coin) is a prominent stablecoin designed to maintain a stable value, pegged 1:1 to the US dollar. Issued by Circle, it's fully backed by reserves consisting of cash and short-term US Treasury bonds, ensuring its redeemability for US dollars. This transparency and backing are key to its widespread adoption and trust within the crypto ecosystem. USDC acts as a crucial bridge between traditional finance and blockchain technology, offering a less volatile asset for transactions, remittances, and decentralized finance (DeFi) applications. Its availability across multiple blockchain networks further enhances its utility, providing a reliable digital dollar for a diverse range of users and businesses globally.