USDC
USD Coin
active
Fiat Backed
Market Cap $79.4B
USD Coin (USDC) is a stablecoin issued by Circle, maintaining a 1:1 peg with the U.S. dollar, backed by U.S. dollars or short-term U.S. Treasury securities.
Key Data
| Backing | Each USDC token is backed 1:1 by U.S. dollars or short-term U.S. Treasury securities. |
| Auditor | Deloitte |
| Reserve Reporting | monthly |
| Redemption | USDC can be redeemed 1:1 for U.S. dollars, subject to U.S. banking system hours. |
| Peg Currency | USD |
| Launched | 2018 |
Supported Networks
EthereumSolanaArbitrum
Overview
USD Coin (USDC) is a stablecoin designed to maintain a 1:1 peg with the U.S. dollar, issued by Circle.
How It Works
USDC operates on multiple blockchain networks and can be redeemed 1:1 for U.S. dollars.
Reserve Backing
Each USDC token is backed by U.S. dollars or short-term U.S. Treasury securities, with reserves audited monthly by Deloitte.
Supported Networks
USDC operates on over 30 blockchains, including Ethereum, Solana, and Arbitrum.
Market data via CoinGecko