Plain English
USDC is a regulated stablecoin pegged 1:1 to the US dollar and issued by Circle. Each USDC in circulation is backed by an equivalent dollar (or short-term Treasury) held in regulated reserves.
How it actually works
Circle issues new USDC when a customer wires in dollars, and redeems USDC by sending dollars back when burned. Reserve composition is audited monthly. USDC runs on Ethereum, Solana, Base, and most major chains, so the same dollar can move between networks.
What it means for you
For members, USDC is the default working stablecoin: regulated issuer, audited reserves, deep liquidity, accepted on every major venue. It is the cleanest way to hold dollar-denominated value on-chain.
We cover USDC alongside USDT and DAI — when to use which, how to diversify issuer concentration, and the regulatory backdrop that affects all three.
Educational content only. Not investment, tax, or legal advice.