USDC
USD CoinFiat-backedThe regulated, transparent dollar on the internet
Official Overview
USD Coin (USDC) is a fully reserved US dollar stablecoin issued by Circle Internet Financial, in partnership with Coinbase. Launched in 2018, USDC is regulated under US money transmission laws and fully compliant with the EU's MiCA regulation. Each USDC is backed 1:1 by cash and short-term US Treasury securities, with monthly attestations published by Grant Thornton and Deloitte. USDC is the preferred stablecoin for institutional use, DeFi protocols, and cross-border payments due to its regulatory clarity and transparency.
Market Activity · 12 Months
Price stability · Issuance growth · On-chain mint / burn events
Peg Target
$1.0000
Current Issuance
$78.11B
circulating supply
12-Month Growth
+29.9%
vs 12 months ago
Peak Issuance
$79.62B
12-month high
Max Peg Deviation
0.163%
from $1.00
12-Month Net Flow
+$50.09B
Total Minted
−$32.13B
Total Redeemed
Issuance Growth Curve
Circulating supply over 12 months
+29.9% in 12 months
Mint & Burn Events — Latest 10
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Type
Date
Chain
Amount
Total Supply
Peg
Scanning on-chain events…
Querying Ethereum · Polygon · Base · Arbitrum · Solana
Estimated from CoinGecko market cap · Top 25% by daily change · Newest first
Contract Addresses
Always verify the contract address before transacting. Official addresses only.
Supported Chains
Ethereum
Primary issuance chain
Solana
Native USDC via Circle
Base
Coinbase L2 — low fees
Avalanche
Native USDC via Circle
Polygon
Layer 2 scaling
Arbitrum
L2, growing DeFi
Where to Get USDC
ArgusMark recommended platforms — vetted for compliance, liquidity, and security.
Technical Details
Peg MechanismFiat-backed — 100% backed by cash and short-term US Treasury securities held in segregated accounts at regulated US financial institutions.
Reserve InfoMonthly attestations by Deloitte. Full reserve breakdown published publicly. Held at BNY Mellon, BlackRock, and other regulated custodians.
Audit StatusMonthly reserve attestations by Deloitte LLP. Compliant with US money transmission laws and EU MiCA regulation.
ArgusMark provides informational analysis only. This is not financial advice. Always conduct independent research before transacting with any stablecoin. Ratings reflect our Observer Network assessment and may not reflect all risks.