# USD Coin

USD Coin is a digital token and stablecoin backed by the US Dollar with a 1:1 ratio. It runs on the Ethereum blockchain and can be used with an Ethereum-compatible wallet.

## A leading dollar stablecoin

USD Coin’s price is always 1:1 to the USD giving it its stable price. Also known as USDC, it is viewed as a major breakthrough in the current use of money. USD Coin has been issued by regulated financial institutions and backed by fully reserved assets.

## Related

- [What we support](/what-we-support) · [Contracts Data](/products/contracts) · [Developer portal](https://developers.cryptoapis.io/)