USD Coin $USDC is a stablecoin that is pegged 1:1 to the US dollar. It is issued by Circle and Coinbase through the Centre Consortium. USDC is backed by cash and short-term US government bonds, ensuring its value remains stable.

Key Features of USDC:

Fiat-backed: Each USDC is redeemable for one US dollar.

Transparency: Regular audits confirm that reserves fully back the circulating supply.

Fast Transactions: Enables near-instant global transfers using blockchain technology.

Multi-chain Support: Available on Ethereum, Solana, Polygon, Avalanche, Binance Smart Chain, and more.

Use Cases: Payments, trading, remittances, DeFi, and institutional settlements.

USDC is one of the most widely used stablecoins, offering a reliable digital dollar for crypto markets.

USDC

1.0008

+0.01%