Project basic information

Issue Time:2018-5-15
Total Supply: N/A
Circulation:45.4 billion, as the time of writing
White paper:

Block Explorer:

Project Introduction

USD Coin (USDC) is a digital stablecoin that is pegged to the US dollar. USD Coin is managed by a consortium called Centre. Circle claims that each USDC is backed by a dollar held in reserve, or by other "approved investments", though these are not detailed. The wording on the Circle website changed from the previous "backed by US dollars" to "backed by fully reserved assets" by June 2021.

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