Digital dollars, or USDC, is the world’s fastest-growing, fully regulated dollar stable coin. USDC is created by Circle, a licensed money transmitter in 46 U.S. states, plus Washington, D.C., and Puerto Rico.
USDC is fully backed by cash and short-dated U.S. government obligations. This means USDC is always redeemable 1:1 for U.S. Dollars.