USD Coin is a regulated stablecoin that represents digital dollars on blockchain networks. It has a digital currency called USDC that is fully backed by reserves and redeemable 1:1 for US dollars. USDC enables instant global payments, 24/7 trading, and participation in DeFi, with transparency through audits and compliance.

USDC aims to be the trusted digital dollar for powering global finance, supporting real-time money movement and next-generation apps across multiple blockchains.

USDC is a valuable and widely used cryptocurrency because it is the largest regulated stablecoin, highly liquid, and backed by institutional partners, providing stability and accessibility for businesses and individuals.