Money & Payments
What is USDC?
Quick answer
USDC is a stablecoin pegged 1:1 to the US dollar. It enables instant, stable-value settlements on Solana.
USDC is a digital dollar. 1 USDC = $1 USD, always.
Unlike Bitcoin or other crypto, it doesn't fluctuate in value.
We use USDC because it enables instant settlements with no waiting for bank transfers, stable value so your balance holds its worth, and transparent transactions you can verify onchain.