$USDC USD Coin ($USDC) is a stablecoin pegged to the US dollar, meaning its value remains stable at approximately $1. It is issued by Circle and Coinbase under the Centre Consortium, ensuring transparency and regulatory compliance. Unlike volatile cryptocurrencies like Bitcoin and Ethereum, USDC provides a reliable digital asset for payments, remittances, and decentralized finance (DeFi) applications. Built on blockchain networks such as Ethereum, Solana, and Avalanche, USDC enables fast, low-cost transactions globally. Its reserves are fully backed by cash and short-term US government bonds, making it a trusted choice for traders, investors, and businesses seeking a stable digital currency.