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USDC

USDC is a stablecoin pegged to the US dollar and issued by Circle.

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USDC, or USD Coin, is a stablecoin launched in 2018 by the American fintech company Circle. A stablecoin is a cryptocurrency designed to hold its value against a reference asset such as a national currency. Each USDC is meant to be worth one US dollar and is backed by reserve assets such as cash and short-term US Treasury securities.

It is issued on multiple blockchains and is used for transfers, payments and settlement in cryptocurrency trading.

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Circle says agents are overwhelmingly choosing the USDC digital currency to settle those payments.

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