USD Coin (USDC) is a stablecoin or "moneda estable" that maintains its value at par with the dollar. Dollar reserves serve as backing for USDC. Such reserves are held by financial institutions in the United States at a value of 1 USDC = 1 dollar.
USDC is the fastest-growing stablecoin in the industry. It is issued by the Center Consortium and audited monthly by the accounting services firm Grant Thornton LLP, which makes it a reliable safeguard alternative against the devaluation of the peso.