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USD Coin

$73.6B market cap

Issued by Circle · reviewed

Market cap
$73.6B -0.97% 7d
30-day trend
USDC market cap trend, last 30 days: +2.6%
Volume / market cap
25.3%
Peg drift, 30 days
0.04%

Market data as of , the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

USD Coin (USDC) is a fiat-backed stablecoin issued by Circle, holding a 1:1 peg with the US dollar and widely used across payments, trading, and DeFi.

01

Instrument facts

Symbol USDC
Peg USD
Backing Fiat backed
Status Active
Launched 2018
Networks L1 EVM Ethereum, Polygon PoS, Avalanche, Celo, Hedera, Sonic, Unichain L1 non EVM Solana, Algorand, Stellar, Sui, Aptos, Noble, XRP Ledger L2 Base, Arbitrum, OP Mainnet, World Chain, Linea, zkSync unverified
Specifications Backing Fully backed by reserves comprising cash and short-duration U.S. Treasury instruments. Auditor Deloitte & Touche Reserve reporting Weekly reserve holdings disclosures plus monthly third-party assurance reports (Deloitte & Touche). Redemption Redeemable 1:1 for U.S. dollars. KYC required Yes
Use cases Payments, Trading, DeFi collateral, Corporate treasury
Depeg history Date 2023-03 · Low price 0.86 · Cause Circle disclosed its SVB exposure while primary issuance and redemption were heavily constrained
Regulatory status Jurisdiction EU · License type MiCA e-money token; Circle SAS, EMI no. 17788 · Status Licensed · Issued 2024
02

Supply by chain

71 chains · $73.7B total
ChainSupply
Ethereum$46.5B
Solana$6.9B
Hyperliquid L1$6.7B
Base$4.2B
Arbitrum$2.3B
Polygon$1.6B
BSC$1.6B
Arc$435M
Avalanche$416M
Aptos$367M
Sui$306M
Stellar$294M
Monad$218M
Cronos$188M
Fantom$181M
OP Mainnet$181M
Sonic$158M
Starknet$142M
Noble$91M
XDC$63M
Tempo$62M
Ink$52M
Codex$51M
Cardano$46M
Near$41M
Sei$37M
Algorand$35M
ZKsync Era$34M
Polkadot$32M
Hedera$28M
Tron$28M
Linea$23M
Unichain$23M
Morph$23M
RISE$22M
Mantle$20M
Osmosis$19M
World Chain$18M
Gnosis$17M
Celo$17M
X Layer$16M
PulseChain$16M
Etherlink$13M
Stacks$9M
Pharos$8M
Katana$8M
Injective$8M
MultiversX$7M
Plume Mainnet$6M
XRPL$5M
Kava$5M
Abstract$5M
Berachain$5M
Scroll$5M
Metis$4M
Canto$4M
ALEO$4M
Flare$3M
edgeX L1$3M
Kaia$3M
Flow$3M
IoTeX$3M
Mixin$2M
Immutable zkEVM$2M
Aurora$2M
Soneium$2M
KCC$2M
ICP$2M
Manta$1M
Doma$1M
Boba$1M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

35 chains
ChainAddress
Algorand31566704
Aptos0xbae207659db88bea0cbead6da0ed00aac12edcdda169e591cd41c94180b46f3b
Arbitrum One0xaf88d065e77c8cc2239327c5edb3a432268e5831
Avalanche0xb97ef9ef8734c71904d8002f8b6bc66dd9c48a6e
Base0x833589fcd6edb6e08f4c7c32d4f71b54bda02913
Celo0xceba9300f2b948710d2653dd7b07f33a8b32118c
Cronos0x3d7f2c478aafdb65542bcb44bceec05849999d2d
Ethereum0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
Hedera Hashgraph0.0.456858
HyperEVM0xb88339cb7199b77e23db6e890353e22632ba630f
Hyperliquid0x6d1e7cde53ba9467b783cb7c530ce054
Injective0xa00c59ff5a080d2b954d0c75e46e22a0c371235a
Ink0x2d270e6886d130d724215a266106e6832161eaed
Monad0x754704bc059f8c67012fed69bc8a327a5aafb603
Morph L20xcfb1186f4e93d60e60a8bdd997427d1f33bc372b
NEAR Protocol17208628f84f5d6ad33f0da3bbbeb27ffcb398eac501a31bd6ad2011e36133a1
Optimistic Ethereum0x0b2c639c533813f4aa9d7837caf62653d097ff85
Pharos0xc879c018db60520f4355c26ed1a6d572cdac1815
Plasma0x2d661c89d812261039af9764eceaaee884f5f67f
Plume Network0x222365ef19f7947e5484218551b56bb3965aa7af
Polkadot1337
Polygon PoS0x3c499c542cef5e3811e1192ce70d8cc03d5c3359
Sei V20xe15fc38f6d8c56af07bbcbe3baf5708a2bf42392
SolanaEPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v
Sonic0x29219dd400f2bf60e5a23d13be72b486d4038894
Starknet0x033068f6539f8e6e6b131e6b2b814e6c34a5224bc66947c47dab9dfee93b35fb
StellarCCW67TSZV3SSS2HXMBQ5JFGCKJNXKZM7UQUWUZPUTHXSTZLEO7SJMI75
Sui0xdba34672e30cb065b1f93e3ab55318768fd6fef66c15942c9f7cb846e2f900e7::usdc::USDC
TronTEkxiTehnzSmSe2XqrBj4w32RUN966rdz8
Unichain0x078d782b760474a361dda0af3839290b0ef57ad6
World Chain0x79a02482a880bce3f13e09da970dc34db4cd24d1
X Layer0xb6ceceab302e2e4948951ee7843fc24e92933061
XDC Network0xfa2958cb79b0491cc627c1557f441ef849ca8eb1
XRP5553444300000000000000000000000000000000.rGm7WCVp9gb4jZHWTEtGUr4dd74z2XuWhE
zkSync0x1d17cbcf0d6d143135ae902365d2e5e2a16538d4

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

04

Background

USD Coin (USDC) is a stablecoin launched in September 2018 by the Centre Consortium, co-founded by Circle and Coinbase. It is designed to maintain a 1:1 peg with the US dollar. USDC is redeemable 1:1 for U.S. dollars and is supported on over 30 blockchain networks. USDC is fully backed by reserves comprising cash and short-duration U.S. Treasury instruments, held by regulated financial institutions and managed by BlackRock.

Figures marked unverified are recorded but not yet independently confirmed.

Compiled from issuer disclosures, on-chain data and market data. Circle · Methodology