USD Coin
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Price Chart
At a Glance
USD Coin (USDC) is a fully-reserved stablecoin issued by Circle. It's backed 1:1 by cash and short-term US Treasuries, with regular third-party attestations from Deloitte. USDC is widely used in DeFi, institutional trading, and cross-border payments, and is considered the most transparent major stablecoin.
Network Stats
Key Drivers
Regulatory Compliance
bullishCircle's proactive regulatory approach and MiCA compliance position USDC well for institutional adoption.
Institutional Preference
bullishMajor financial institutions and payment processors increasingly prefer USDC for its transparency.
Market Share Gap
bearishUSDC trails USDT significantly in market cap and trading volume, especially outside the US.