---
description: Combining the reliability of the US dollar with internet speed and trusted by global financial leaders, use USDC for payments, trading, and more.
title: USDC | Powering global finance. Issued by Circle.
image: https://cdn.prod.website-files.com/67116d0daddc92483c812e88/6806a4876c10427b55e176cc_share-2025-USDC.jpg
---
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USDC
USDC
USDC
# The world’s largest regulated 1 stablecoin. Powering a more open economy.
# Fully backed digital dollars
USDC gives businesses a trusted way to reach more markets, move value more freely, and build near-instant financial experiences.
Built for rapid global payments and 24/7 financial markets, USDC is a regulated digital currency you can redeem 1:1 for US dollars.
[Partner with Circle](https://www.circle.com/contact/partner) [View docs](https://developers.circle.com/stablecoins/docs/what-is-usdc)
## Put internet-native dollars to work
### Settle in moments, every second of the day
Boost your capital efficiency and minimize prefunding with real-time transactions, available 24/7.
### Compliant, so you can be too
USDC is the world’s largest regulated¹ stablecoin. Because leaders build on solid ground.
### Expand into new markets with ease
Unlock international markets that were previously unreachable or too costly to serve. USDC is already in use around the world.
### **Bring logic into your money movement**
Automate payments, tokenize asset flows, and build products around programmable internet-native dollars.
### Equip agents to transact on their own
USDC gives AI agents a trusted, programmable money layer to pay and get paid — autonomously, at machine speed.
[Thunes Meets Demand for Always-On Global Payments with USDC
Read case study](https://www.circle.com/case-studies/thunes)
[Circle helps Immersve bring digital dollars to everyday spending
Read case study](https://www.circle.com/case-studies/immersve)
[Nubank pioneers digital dollar access in Brazil with USDC
Read case study](https://www.circle.com/case-studies/nubank)
## Used by millions.² Moving trillions.³
USDC is deeply liquid around the world, making it easier to move value where and when you need to.
- ### $ 0.00 ### T all-time volume [3](#disclosures)
- ### 1000+ banks, blockchains, distributors, and other partners
## In your favorite app. Around the world.
### **Reach the masses, globally**
Grow your customer base with a currency that transcends borders. USDC is available to almost anyone with an internet connection.
### **Settle in local currencies, automatically**
A network of leading global banks means you get programmable FX settlement with diverse fiat currencies.
### **Build a better economy for people everywhere**
USDC is available in 185+ countries.4 When you build with it, you open up financial opportunities for people worldwide.
Click for sound
## Secure. Reliable. Ready for your next move.
### **Reserves that go above and beyond**
USDC is 100% backed by highly liquid cash and cash-equivalent assets,5 with holdings that equal or exceed the amount in circulation.
### **Above board. Ahead of the rest.**
Issued1 by the most licensed stablecoin company in the world,6 USDC plays by the regulatory rules so you can operate with confidence.
### **Attestations, in clear view**
Circle publishes monthly reserve attestations by a Big Four accounting firm. They’re publicly visible because you don’t hide what you’re proud of.
$
72.7
B
USDC in circulation
as of
12 October 2026
- $ B USD in reserves [5](#disclosures) as of 12 October 2026
View reserves
[View reserves](https://www.circle.com/transparency)
[See disclosures](#disclosures)
[View Reserves](https://www.circle.com/transparency)
## Built for developers building what comes next
Chain-neutral and interoperable by design, USDC is natively issued on 38 blockchains7 and connects seamlessly with EURC, USYC, and partner stablecoins — so you can bring multi-asset financial products to market.
## Expand your reach. Expand opportunities.
USDC helps businesses turn internet-native dollar infrastructure into broader access, creating new financial opportunities for more people in more places.
### **24/7 real-time money movement**
Enable low-cost payments around the world that can settle in seconds, for you or your customers.
Partners
8
[Learn more](https://www.circle.com/use-case/payments)
![Smiling woman speaking on the phone while checking paperwork in a warehouse.]()
### **Worldwide access to digital dollars**
Hold, transfer, and transact in USDC from almost anywhere, without relying on traditional banks.
Partners
[Learn more](https://www.circle.com/use-case/dollar-access)
### Institutional-grade liquidity
Access, trade, and rebalance USDC at scale any time across chains or borders.
Partners
9
[Learn more](https://www.circle.com/use-case/trading-services)
![]()
## The moment is here. Meet it with USDC.
### **Partner with Circle**
Join the Circle network to unlock access to our global ecosystem of partners and products.
Get started
[Get started](https://www.circle.com/contact/partner)
[Get started](https://www.circle.com/contact/partner)
### Build with Circle
Explore our Developer Console to see how you can integrate Circle solutions for your use case.
Start building
[Start building](https://console.circle.com/signup)
[Start building](https://console.circle.com/signup)
## Learn more about USDC
### Learn about our reserve transparency
USDC is backed by highly liquid cash and cash-equivalent assets stored in transparently managed reserves with independent attestations conducted by a Big Four accounting firm.
Learn more
[Learn more](https://www.circle.com/transparency)
### Check out our policy hub
Circle, the issuer of USDC,1 actively engages in policy discussions, adheres to regulatory frameworks, and obtains necessary licenses to maintain compliance and transparency in its operations.
Read on
[Read on](https://www.circle.com/policy-hub)
### Build with USDC
USDC is programmable money built for global accessibility and crosschain interoperability, unlocking new opportunities for your business.
Join the developer community
[join the community](https://developers.circle.com/)
[Join the community](https://developers.circle.com/)
## FAQs
Which blockchains is USDC available on?
USDC is natively supported on 38 blockchain networks as of September 16, 2026: [Algorand](https://www.circle.com/multi-chain-usdc/algorand), [Aptos](https://www.circle.com/en/multi-chain-usdc/aptos), [Arbitrum](https://www.circle.com/multi-chain-usdc/arbitrum), [Arc](https://www.arc.io/), [Avalanche](https://www.circle.com/multi-chain-usdc/avalanche), [Base](https://www.circle.com/multi-chain-usdc/base), [Celo](https://www.circle.com/multi-chain-usdc/celo), [Codex](https://www.circle.com/multi-chain-usdc/codex), [Cronos](https://www.circle.com/multi-chain-usdc/codex), [EDGE Chain](https://www.circle.com/multi-chain-usdc/edge-chain), [Ethereum](https://www.circle.com/multi-chain-usdc/ethereum), [Hedera](https://www.circle.com/multi-chain-usdc/hedera), [HyperEVM](https://www.circle.com/multi-chain-usdc/hyperevm), [Injective](https://www.circle.com/multi-chain-usdc/injective), [Ink](https://www.circle.com/multi-chain-usdc/ink), [Linea](https://www.circle.com/en/multi-chain-usdc/linea), [Monad](https://www.circle.com/multi-chain-usdc/monad), [Morph](https://www.circle.com/multi-chain-usdc/morph), [NEAR](https://www.circle.com/multi-chain-usdc/near), [Noble](https://www.circle.com/multi-chain-usdc/noble), [OP Mainnet](https://www.circle.com/multi-chain-usdc/op-mainnet), [Pharos](https://www.circle.com/multi-chain-usdc/pharos), [Plasma](https://www.circle.com/multi-chain-usdc/plasma), [Plume](https://www.circle.com/multi-chain-usdc/plume), [Polkadot](https://www.circle.com/multi-chain-usdc/polkadot), [Polygon PoS](https://www.circle.com/multi-chain-usdc/polygon), [Sei](https://www.circle.com/multi-chain-usdc/sei), [Solana](https://www.circle.com/multi-chain-usdc/solana), [Sonic](https://www.circle.com/multi-chain-usdc/sonic), [Starknet](https://www.circle.com/multi-chain-usdc/starknet), [Stellar](https://www.circle.com/multi-chain-usdc/stellar), [Sui](https://www.circle.com/multi-chain-usdc/sui), [the XRPL](https://www.circle.com/multi-chain-usdc/xrpl), [Unichain](https://www.circle.com/en/multi-chain-usdc/unichain), [World Chain](https://www.circle.com/multi-chain-usdc/world-chain), [X Layer](https://www.circle.com/multi-chain-usdc/xlayer), [XDC](https://www.circle.com/multi-chain-usdc/xdc), and [ZKsync](https://www.circle.com/multi-chain-usdc/zksync) — with more expected in the future. For more details, see our [developer docs](https://developers.circle.com/).
What makes USDC fully backed and redeemable 1:1 for US dollars?
USDC is a digital dollar backed 100% by highly liquid cash and cash-equivalent assets and is redeemable 1:1 for US dollars.5 The majority of the USDC reserve is invested in the Circle Reserve Fund (USDXX), an SEC-registered 2a-7 government money market fund. Daily, independent, third-party reporting on the portfolio is [publicly available via BlackRock](https://www.blackrock.com/cash/en-us/products/329365/). Learn more about [our approach to transparency](https://www.circle.com/transparency).
How can I get USDC and convert it back to fiat currency?
[Circle Mint](https://circle.com/circle-mint) enables exchanges, institutional traders, banks, and large financial institutions to directly redeem USDC 1:1 for USD from Circle. Mint is not available to individuals or small businesses.
Startups and small businesses can access USDC via on/offramp providers in the Circle Alliance Program. [Learn more about CAP](https://www.circle.com/alliance-program) or go right to the [CAP directory](https://partners.circle.com/) to find a provider.
Individuals and everyday users can access USDC via exchanges, neobanks, and digital wallets. [Learn more on USDC.com](http://usdc.com).
What does it mean for USDC to be “minted” or “burned”?
Businesses can apply for a [Circle Mint](https://www.circle.com/circle-mint) account to exchange US dollars for USDC. When a business deposits USD into its Circle Account, Circle issues the equivalent amount of USDC to the business. The process of issuing new USDC is known as “minting” as new digital dollars are created and put into circulation.
Similarly, when a business wants to exchange its USDC for US dollars, the business can deposit USDC into their Mint account and request to receive US dollars. This process of redeeming USDC is known as “burning” as this process takes USDC out of circulation.
When everyday users swap US dollars for USDC on a digital asset exchange, it is the exchange that provides that USDC. If the exchange needs more USDC to fulfill the swap, the exchange will often use its Mint account to mint more USDC.
Is USDC a cryptocurrency?
USDC is a fully reserved stablecoin, which is a type of cryptocurrency designed to maintain steady value. Unlike other cryptocurrencies that fluctuate in price, USDC is designed to maintain price equivalence to the US dollar. USDC is redeemable 1:1 for US dollars while benefiting from the speed and security of blockchain technology.
How is USDC different from a central bank digital currency (CBDC)?
USDC is issued through regulated affiliates of Circle,1 a financial technology company in the private sector, while a CBDC would be issued by a government. While most CBDCs are only in the research phase, USDC exists today and is widely used by millions of people around the world. Circle has developed the technology to enable USDC to run on public blockchain networks, with open-source and private market innovation driving rapid progress in digital dollar currency models. Read more about Circle’s insights on [the Federal Reserve’s CBDC discussion](https://www.circle.com/blog/circle-submits-response-to-federal-reserves-cbdc-discussion-paper).
Who is Circle’s independent auditor?
Deloitte & Touche LLP is Circle’s independent auditor and has audited Circle’s financials since fiscal year 2022. Prior to Deloitte, Grant Thornton LLP served as Circle’s independent auditor from 2015.
Is USDC a security?
Our view is that USDC is not a security. In April 2025, the staff of the U.S. Securities and Exchange Commission (SEC) issued a [Statement on Stablecoins (the Statement)](https://www.sec.gov/newsroom/speeches-statements/statement-stablecoins-040425), which confirmed that as described in the Statement, the offer and sale of “Covered Stablecoins” in the manner described in the Statement does not constitute the offer and sale of securities under the Securities Act of 1933 or the Securities Exchange Act of 1934.
Is USDC a “Covered Stablecoin”?
Our view is that USDC is a Covered Stablecoin. [The Statement on Stablecoins](https://www.sec.gov/newsroom/speeches-statements/statement-stablecoins-040425) defines “Covered Stablecoins” as those which are "designed to maintain a stable value relative to the United States Dollar, or 'USD,' on a one-for-one basis, can be redeemed for USD on a one-for-one basis (i.e., one stablecoin to one USD), and are backed by assets held in a reserve that are considered low-risk and readily liquid with a USD-value that meets or exceeds the redemption value of the stablecoins in circulation.
Our view is that USDC is a "covered stablecoin" as it is designed to maintain a stable value relative to the USD, is redeemable 1:1 for USD,5 and is 100% backed by highly liquid cash and cash equivalent assets. Information on the [reserves backing USDC is made publicly available](https://www.circle.com/transparency) with monthly third-party assurances that the value of the reserves meets or exceeds the value of USDC in circulation.
- USDC is issued by regulated affiliates of Circle. [See Circle’s list of regulatory authorizations](https://www.circle.com/legal/licenses).
- [USDC is now accessible to more than 500 million end-user wallet products](https://www.circle.com/reports/state-of-the-usdc-economy).
- October 15, 2026 8:00 PM
- Circle Mint supports international wires and domestic bank transfers in 185+ countries. Circle Mint is currently available only to institutions and is not available to individuals.
- USDC is backed by the equivalent value of US dollar denominated assets held as reserves for the benefit of USDC holders. Cash is held at regulated financial institutions. The portfolio of the Circle Reserve Fund, which can contain short-dated US Treasuries, overnight US Treasury repurchase agreements, and cash, is custodied at The Bank of New York Mellon and is managed by BlackRock.
- Based on a competitive comparison analyzing the top 10 stablecoin companies by market capitalization based on [CoinMarketCap](https://coinmarketcap.com/). [A list of Circle’s licenses can be found here.](https://www.circle.com/legal/licenses)
- As of August 6, 2026.
- Circle Ventures, an affiliate of Circle Internet Financial, LLC, has invested in Airtm.
- Circle Ventures, an affiliate of Circle Internet Financial, LLC, has invested in Arf.
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