Experience the power of USDC on Ethereum
Ethereum is a community-run blockchain home to digital money, global payments, and applications that are open for everyone. Ethereum services are open by default and Ethereum apps are transparent and open source.1 USDC helps power thousands of protocols in Ethereum’s decentralized finance (DeFi) ecosystem, and millions of USDC change hands on the Ethereum network every day.
Accessing USDC on
Ethereum
Businesses and developers can access USDC on Ethereum from digital asset exchanges, on/off-ramp providers, and apps on Ethereum. Institutions can apply for a Circle Mint account to gain access to USDC directly from Circle.
Apply for a Circle Mint account
Submit your business information, and we’ll get the process started.
Create a deposit
Once approved, you can deposit funds into your Circle Mint account via wire transfer. All funds will settle seamlessly in USDC.
Choose USDC on Ethereum
You can use a Circle Mint account to directly convert USD to USDC on Ethereum, and easily convert back to USD the same way. Circle Mint also enables you to swap USDC across supported blockchains, such as swapping USDC on Ethereum for USDC on Solana, without needing to use a third-party bridge.
FAQs
Yes, USDC on Ethereum is native to the Ethereum blockchain and can be found at this token address. Bridged forms of USDC are not issued by Circle and are not supported by Circle Mint or Circle APIs.
Please do not attempt to send bridged USDC on Ethereum to a Circle Mint account, as it may not be recoverable and could result in a loss of funds.
Yes, USDC is a digital dollar backed 100% by highly liquid cash and cash-equivalent assets and is redeemable 1:1 for US dollars. 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 Circle Reserve Fund portfolio is publicly available via BlackRock.
Learn more about our approach to transparency.
Circle Mint is available to qualified businesses and institutions who can redeem USDC 1:1 for USD directly from Circle. End users of USDC (who are not Circle Mint customers) can redeem for USD from digital asset exchanges or other market participants.
Yes, USDC on Ethereum can be quickly and easily swapped to USDC on any other supported blockchain with Circle Mint and Circle APIs.
Please do not attempt to send bridged USDC on Ethereum to a Circle Mint account, as it may not be recoverable and could result in a loss of funds.
Swap USDC
across chains
Programmatically move USDC from one chain to another. Circle APIs make it easy for wallets, exchanges, custodians and more to rebalance their holdings of USDC across supported chains at no additional cost.
Maximize your vision. Do more with USDC.
As an open-source, programmable dollar with global reach, USDC is powerful market infrastructure you can begin building with immediately. Developers leverage Circle APIs to do even more with USDC.
1. Ethereum, Homepage, Last accessed July 23, 2024
2. Highlighted apps provided by the Ethereum Foundation, last accessed July 23, 2024