USDC
USD Coin
USDC is a regulated stablecoin pegged 1:1 to the US dollar, issued by Circle and governed by the Centre consortium.
Launched in 2018, USDC is backed by cash and short-term US Treasury bonds held in regulated financial institutions. It publishes monthly attestation reports from accounting firms. USDC operates on multiple blockchains including Ethereum, Solana, and others, and is widely used in decentralized finance.
Related Terms
Stablecoin
A stablecoin is a type of cryptocurrency designed to maintain a stable value by pegging it to a rese...
USDT
Tether
USDT is the largest stablecoin by market capitalization, pegged 1:1 to the US dollar and issued by T...
USD
United States Dollar
USD is the official currency of the United States and its territories. It's the world's primary rese...
Cryptocurrency
Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates on ...
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