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USD Coin

(USDC)
Type: Fiat-BackedPeg: USDIssuer: Circle

A fully reserved, fiat-backed stablecoin pegged to the US Dollar, issued by Circle.

Regulated Framework AlignedRedemption Policy DisclosedAttestation Linked
Last verified: 2026-04-20

Reserve & Attestation

Backing Mechanism
Held in cash and short-term US Treasuries at regulated financial institutions.
Reserve Composition
80% US Treasuries (source)
20% Cash (source)
Attestation Frequency
monthly
Latest Attestation
Attestation Provider
Deloitte
Redemption Policy
1:1 redemption available for registered businesses. [Terms]
Depeg History
2023-03-11Deviation: 12%
Silicon Valley Bank failure
Attestation data links to issuer or auditor primary sources. Stablecoin Atlas does not verify or audit reserve claims independently. Historical depeg events do not predict future stability. Past performance does not indicate future behaviour.

Regulatory Alignment

SG
Aligned
Circle holds an MPI license from MAS.
MAS Stablecoin Framework • Last reviewed: 2026-04-01
EU
Aligned
Circle Mint France is an authorized EMI.
MiCA EMT • Last reviewed: 2026-04-01
Regulatory status reflects Atlas editorial assessment and may not reflect current legal status. Verify directly with the relevant regulatory body.

Market Context

Market data is sourced from third-party providers (CoinGecko, DeFiLlama) and is provided for informational purposes only. It is not an offer, recommendation, or advice to buy, sell, or use any asset.
Market Cap (CoinGecko)
$77.21B
24h Volume (CoinGecko)
$11.20B
30D Supply Change (DeFiLlama)
+1.36%
Chain Distribution (DeFiLlama)
Ethereum
65.2%
Solana
11.3%
Hyperliquid L1
6.1%
Base
5.7%
Arbitrum
2.9%

Chain & Network Support

NetworkContract AddressExplorer
Ethereum
0xa0b8...eb48
Solana
EPjFWd...Dt1v
Always verify the contract address before sending. Using an unofficial contract can result in permanent loss of funds.