$USDC USDC (USD Coin) is a regulated, fully-backed stablecoin pegged 1:1 to the U.S. dollar. Here’s a clear and current overview:

🔹 What Is USDC?

Type: Stablecoin (ERC-20, also on Solana, Avalanche, etc.)

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

Backing: Each USDC token is backed by 1 USD or equivalent assets (e.g. short-term U.S. Treasuries).

Peg: Aims to maintain $1.00 USD value at all times.

🔹 Key Features

FeatureDetailsStabilityPegged to USD