USDC

USDC: the world's leading digital dollar stablecoin

USDC IN CIRCULATION
1.1 TRILLION
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.

USDC Institutional Trading Program

Our new program has been designed to meet the needs of high volume trading firms, crypto exchanges and market makers.
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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.

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.

FOR DEVELOPERS

Build support for USDC in your applications

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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-20Algorand ASA, Solana SPL, Stellar asset, and TRON TRC-20. Support and integrate the token smart contract with any Ethereum, Algorand, Solana, Stellar, and TRON applications.

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Centre-powered

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

Financial & operational transparency

Every month, certain management assertions related to the total USDC in circulation 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.

FAQ

What is USD Coin (USDC)?

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

What blockchains support USDC?

USDC is natively supported on multiple layer 1 blockchains including Ethereum as an ERC-20 token, Algorand as an ASA token, Solana as a SPL token, TRON as an TRC-20 token, and Stellar as a native asset.

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.

How much is USDC worth?

Each USDC is worth $1.00, and is always redeemable on a 1:1 basis for US dollars.

How much USDC is in circulation?

As of July 2021, more than $25 billion USDC are in circulation.

How do I buy USDC?

As a business you can deposit into 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 Account.  For individuals, more information on wallets that accept USDC, can be found on the Centre Consortium website.

How does USDC work?

USDC is built on top of the open-source fiat stablecoin framework developed by Centre, and is currently managed by a consortium of members including Circle and Coinbase. Businesses looking to utilize USDC in an internet-native way can leverage Circle’s APIs to complete card payments, wires, ACH transfers and other types of payments that settle in USDC in a digital or hardware wallet, as opposed to fiat currency in a bank account. For more information, read our “How USDC Works” article.

How do I earn interest on USDC?

Corporate treasuries can sign up for Circle Yield to earn a fixed interest rate on their USDC reserves for 1, 3, 6, and 12-month terms.

 

How do I integrate USDC in my decentralized application (dApp)?

To start building with USDC, developers are encouraged to explore our API documentation, get a test API key to build in our sandbox environment, click through a sample payments application, and contact our sales team when you’re ready for a production API key.

How do I integrate USDC with my exchange or wallet?

Sign up for Circle’s USDC Multichain Authorized Distributor Program to use USDC across multiple blockchains within your exchange or wallet.