$USDC USDC (USD Coin) is a stablecoin pegged to the US dollar, designed to maintain a 1:1 value ratio. It's a digital asset that combines the benefits of cryptocurrencies with the stability of traditional fiat currency. USDC is widely used in cryptocurrency trading, lending, and decentralized finance (DeFi) applications. It provides a reliable store of value and medium of exchange, allowing users to transfer funds quickly and efficiently. Backed by reserves of US dollars, USDC offers transparency and auditability, making it a popular choice for those seeking to mitigate volatility in the cryptocurrency market. Its adoption continues to grow.