USD Coin What is USD Coin? USD Coin (USDCUnited States district courtThe United States district courts are the general trial courts of the United States federal court system. Both civil and criminal cases are filed in the district court, which is a court of law, equity, and admiralty. There is a United States bankruptcy court associated with each United States district court. Each federal judicial district has at least one courthouse, and many districts have more than one. The formal nam…en.wikipedia.org) is a relatively fresh stablecoin pegged to the US dollar. It was launched on September 26, 2018, in collaboration between Circle and Coinbase. USDC is an alternative to other USD backed cryptocurrencies like Tether (USDT) or TrueUSD (TUSD).
As of June 2023 USD Coin has a market cap of 28.34B. This makes USD Coin the world's 5th largest crypto project.