DescriptionUSDC is a fully regulated dollar digital stablecoin launched by Circle and Coinbase. USDC is fully backed by cash and short-dated U.S. government obligations, so that it is always redeemable 1:1 for U.S. dollars.
Category:fiat-backed
Minting and RedemptionAn eligible business can exchange USD for USDC and redeem USDC for USD through a Circle Account.
USD Coin (USDC)