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 ...

Need to convert bank statements to spreadsheet format? Try our bank pdf converter to easily export your transaction data to Excel or CSV.

Glossary home

Convert 10 pages free per week.
Try your weirdest statement.

Convert a bank statement PDF free