With USDC, you can move dollars anywhere in the world in minutes instead of days. Cheaply and securely. The tokens bring stability to crypto, opening up possibilities for trading, hedging risk, lending and beyond. Circle is a regulated Money Transmitter, so the company is, an open financial book. Before USDC can be used, the associated USD is deposited with one of the accredited bank partners — and those holdings are published regularly to verify the 1:1 ratio.