Project basic information


Issue Time:2018-5-15
Total Supply: N/A
Circulation:45.4 billion, as the time of writing
White paper:https://whitepaper.io/document/716/usd-coin-whitepaper
Website:https://www.circle.com/en/usdc

Block Explorer:https://etherscan.io/token/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48

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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