USD Coin (USDC) is a stablecoin pegged to the US dollar, meaning that each unit of USDC is backed by real reserves at a 1:1 ratio with the US dollar. Created by the Center consortium, which includes Circle and Coinbase, the cryptocurrency aims to provide price stability and ease of use in digital transactions. USDC is used for instant international payments, trading on cryptocurrency exchanges, and as a store of value in the face of cryptocurrency market volatility. Transactions with USDC are based on blockchain technology, which ensures transparency and security of transactions.