What is a stablecoin?

A stablecoin is a blockchain-powered digital currency that combines the benefits of open, borderless cryptocurrency with the price stability of traditional fiat currencies.

What is USD Coin (USDC)?

USDC is the world’s fastest-growing, fully reserved digital dollar stablecoin.

How much is USDC worth?

$1.00. USDC is always redeemable on a 1:1 basis for US dollars.

How much USDC is in circulation?

As of April 8th, 2021 $11.5 billion USDC are in circulation.

Businesses and individuals can use USDC for payments, payouts, to purchase goods online, and in decentralized finance (DeFi) capital markets.

Where can I buy USDC?

As a business you can purchase USDC through a Circle Account. If you’re an individual, you can find more information on the exchanges that offer USDC on the Centre Consortium website.

Where can I store USDC?

If you are a business, the best place to store USDC is with a Circle Digital Dollar Account. For individuals, more information on wallets that accept USDC, can be found on the Centre Consortium website.

What is the difference between USDC and USDT?

USDC is a fully reserved and regulated digital dollar stablecoin issued by Circle and governed by Centre. USDT (Tether) is a digital dollar stablecoin issued by Tether Limited.

USDC: the world's leading digital dollar stablecoin

USDC IN CIRCULATION

719 BILLION

TRANSFERRED ON-CHAIN (TOTAL)

Why use a digital dollar stablecoin?

Digital money for the digital age

USD Coin (USDC) represents a major breakthrough in how we use money. Digital dollars work like other digital content — they move at the speed of the internet, can be exchanged in the same way we share content, and are cheaper and more secure than existing payment systems.

Built on standards

USDC is issued by regulated financial institutions, backed by fully reserved assets, redeemable on a 1:1 basis for US dollars, and governed by Centre, a membership-based consortium that sets technical, policy and financial standards for stablecoins.

The largest stablecoin ecosystem

As an open standard and public smart contract, USDC has rapidly grown the largest stablecoin industry ecosystem in the world. Hundreds of companies, products and services support the USDC standard, including digital wallets, exchanges, DeFi protocols, savings, lending and payment services. USDC is creating value for the entire blockchain ecosystem.

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See USDC in action

In real-time, watch USDC payments fly from business to contractor, from person to person, between non-custodial and custodial wallets, with pit stops and conversions into local currencies on the way, and we’ll take a look at a marketplace built on USDC. And a bit of DeFi in the mix to boot. From Boston to London to Seoul to Buenos Aires to Jakarta to Mumbai, here’s the future of how money moves.

EXPLORE THE MONEY MOVEMENT

FOR BUSINESSES

Run your business on USDC

Run your business on USDC for a more global, scalable and efficient alternative to traditional banking rails.

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Circle APIs

Build the next generation of internet businesses with Circle APIs.

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USDC smart contract

USDC is available as Ethereum ERC-20, Algorand ASA, and Solana SPL tokens. Support and integrate the token smart contract with any Ethereum, Algorand and Solana applications.

Check on Etherscan

Check on Algorand

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Centre-powered

A open-source, multi-issuer framework and governance consortium for stablecoins.

Go to Centre

Financial & operational transparency

Every month, the US dollar reserves for USDC are attested to by top 5 accounting services firm, Grant Thornton LLP. We publish those reports so that you can be confident that USDC is always 100% redeemable for dollars.

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USDC: the world's leading digital dollar stablecoin