$USDC USDC (USD Coin) is a popular U.S. dollar–pegged stablecoin, meaning its value is always intended to equal $1 USD. Here's a quick overview:

💡 What is USDC?

Type: Stablecoin

Peg: 1 USDC ≈ 1 USD

Issuer: Circle, in partnership with Coinbase (via the Centre Consortium)

Blockchain Support: Ethereum, Solana, Avalanche, Polygon, Arbitrum, Optimism, and more

Backing: Fully backed by cash and short-term U.S. Treasury bonds, with reserves audited monthly

Stability: Ideal for trading, saving, and transferring value with low volatility

Transparency: Circle publishes monthly reserve attestations

Utility: Widely used in DeFi, NFT markets, and international remittances

Regulation: Considered a compliant stablecoin, especially in U.S. markets

Adoption: Integrated with Visa, Mastercard, and Shopify payments