Balances
In Circulation
In Circulation
Reserves1
USDC in Circulation
Cash at Reserve Banks
Circle Reserve Fund
EUROC in Circulation
Cash at Reserve Banks
Issuance and Redemption
7 day change
Issued
Redeemed
Change in Circulation
Change in Circulation
30 day change
Issued
Redeemed
Change in Circulation
Change in Circulation
365 day change
Issued
Redeemed
Change in Circulation
Change in Circulation
The Circle Reserve Fund is a SEC-registered government money market fund which holds a portfolio of short-dated US Treasuries, overnight US Treasury repurchase agreements, and cash. For more information visit Circle Reserve Fund.
For further details on the USDC reserve, please see our detailed monthly attestations.
1 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 US 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.
For further details on the EUROC reserve, please see our detailed monthly attestations.
1 EUROC is backed by the equivalent value of euro denominated assets held as reserves for the benefit of EUROC holders. Cash is held at US financial institutions.
Stability you can trust
USDC and Euro Coin are fully backed by highly liquid fiat reserves held separately from Circle’s operating funds at leading financial institutions for the benefit of our stablecoin holders. As part of our strong commitment to transparency, we’ve issued reports on all reserve assets since 2018, along with SEC filings in 2021 and 2022.
Monthly attestations
View monthly attestations, which provide assurance that the amount of USDC reserves are greater than the amount in circulation each month, according to attestation standards set out by the American Institute of Certified Public Accountants (AICPA).
Our commitment to transparency
For more information about our operating principles and the trust and transparency we bring to the crypto ecosystem, read the latest articles from Circle executives.