USD Coin: USD Coin (USDC) is a stablecoin introduced by the Centre Consortium, a joint venture between Circle and Coinbase. Like Tether, USDC is pegged to the US Dollar, providing stability and predictability in the ever-fluctuating cryptocurrency market. <br><br>With a focus on transparency and regulatory compliance, USDC undergoes regular audits to ensure that each token in circulation corresponds to an equivalent amount of US Dollars held in reserve accounts. This commitment to accountability has garnered trust among users, especially those seeking a fiat-backed alternative for trading, hedging, and seamless cross-border transfers.