USDC Price (USDC)
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About USDC
A US-dollar stablecoin issued by Circle, fully backed by cash and short-duration Treasuries.
USD Coin (USDC) is a stablecoin co-founded by Circle and Coinbase in 2018 and now issued by Circle. Each USDC is backed 1:1 by cash and short-duration US Treasury bonds held with regulated US financial institutions. USDC is widely regarded as the most transparent and regulated major stablecoin, with monthly reserve attestations published by Grant Thornton.
USDC is widely used in DeFi, cross-border payments, and as on-exchange dollar liquidity. Circle has partnered with Visa, BlackRock, and major payment networks. USDC runs on Ethereum, Solana, Base, and several other chains. Unlike USDT, USDC is widely accepted by institutional partners and is considered more compliant with US regulatory expectations.
Key facts
| Category | Stablecoin (USD-pegged) |
| Launched | 2018 |
| Consensus | Varies by host blockchain |
| Supply | Uncapped. Circle mints and redeems USDC against verified bank reserves. |
| Founder | Circle (Jeremy Allaire, Sean Neville) with Coinbase |
| Official site | https://www.circle.com/en/usdc |