by Circle
Quick Fact
USDC is a fully-backed stablecoin pegged to the U.S. dollar, offering a reliable and transparent digital asset for global payments and transfers.
USD Coin (USDC) is a popular stablecoin that maintains a 1:1 peg with the U.S. dollar. Built on trusted blockchain networks, it’s designed for stability and transparency, making it ideal for payments, savings, or transferring value across borders without volatility concerns. Each USDC is backed by fully reserved assets, audited regularly to ensure its value remains consistent with its USD peg. Whether you're using it for decentralized finance (DeFi) applications, cross-border payments, or as a safe harbor from crypto market fluctuations, USDC is a versatile and widely trusted digital asset.
USDC is fully backed by reserve assets that match the value of its circulating supply, ensuring that every coin remains pegged to the U.S. dollar. This transparency is maintained through regular third-party audits, providing users with the confidence that their digital dollars are fully secured.
With its low volatility and wide acceptance, USDC is a great option for cross-border transactions and global payments. It allows users to transfer value quickly and affordably across the world while maintaining the stability of a traditional fiat currency.
USDC is widely integrated across decentralized finance (DeFi) platforms and other crypto services, making it an essential asset for yield farming, lending, and staking within blockchain networks. Its consistent value and high liquidity have made it a cornerstone in many crypto ecosystems.