Bridged USD Coin (Scroll) (USDC) is a stablecoin cryptocurrency pegged to the US dollar. It is designed to provide a stable value for users to transact and store wealth in the volatile cryptocurrency market. USDC is issued by regulated financial institutions and can be redeemed 1:1 for US dollars. It operates on the Ethereum blockchain and is widely used for trading, lending, and various other decentralized finance (DeFi) applications.