USD Coin
USD Coin is a fully backed, fiat-pegged stablecoin issued by Circle and Coinbase, designed for transparency and regulatory compliance. Its reserves are held in U.S. dollars and short-term Treasuries, with monthly attestations provided by top accounting firms. USDC is widely used in DeFi, trading, and payments across Ethereum, Solana, and other chains. It's considered one of the most trusted and stable options.
| USD Coin | |
|---|---|
| Symbol | USDC |
| Type | Fiat-backed |
| Collateralization Method | Cash & Short-term Treasuries |
| Pegged To | USD |
| Issuer | Circle |
| Blockchain Support | Ethereum, Solana, Algorand, Avalanche |
| Market Cap Rank | 2 |
| Reserve Transparency | High (Monthly Audits) |
| Stability History | Highly Stable |
| Primary Use Cases | Payments, DeFi, savings |
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