US Dollar Coin (USDC)

US Dollar Coin, or USDC, is an Ethereum-based stable coin backed by the US dollar.

USDC belongs to a new type of cryptocurrency known as stablecoin. USDC coins are always redeemable on a 1:1 basis for US Dollars, resulting in a stable price. USDC is regulated by financial institutions and can be moved quickly between various cryptocurrency exchanges.