USD Coin (USDC) is a digital stablecoin pegged to the United States dollar

It is managed by Circle, a private entity

USDC is a stablecoin, meaning it is designed to maintain a stable value rather than generate profits for investor

USDC is issued by a private entity, not a government

USDC is designed to be a digital dollar, providing a more convenient

USDC is used in various applications, including payment systems,

USDC is pegged to the United States dollar, meaning it is designed to maintain a value of $1

USDC is a part of the stablecoin category, which includes cryptocurrencies pegged to another asset

The live price of USDC is $0.999869 per USDC/USD today with a current market cap of $28.90B USD