USDC

Extracted Attributes

• Peg

  United States dollar (1:1)

• Type

  Stablecoin cryptocurrency

• Audits

  Regular, monthly assurances by a Big Four accounting firm

• Issuer

  Circle

• Backing

  US dollars or dollar-denominated assets (cash, short-term U.S. Treasury bonds)

• Consortium

  Centre Consortium

• Distinction

  Not a Central Bank Digital Currency (CBDC)

• Reserve Holder

  Bank of New York Mellon (for reserve portfolio)

• Regulatory Status

  Regulated digital currency under strict US laws

• Blockchain Platform

  Ethereum

Timeline

• USDC was initially released by the Centre Consortium, a collaboration between Circle and Coinbase. (Source: Wikipedia, Web Search)

  2018-09

• USDC's reserve holdings are subject to regular audits, with monthly assurances provided by a Big Four accounting firm. (Source: Web Search)

  Ongoing

USDC (cryptocurrency)

USDC is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar, and is distinct from a central bank digital currency (CBDC).

Web Search Results

• USD Coin (USDC): Definition, How It Works in Currency, and Value

  USD Coin (USDC) is a stablecoin, a cryptocurrency backed by U.S. dollars or dollar-denominated assets like U.S. Treasury securities. USDC's cash assets are held in segregated accounts with regulated U.S. financial institutions and its reserve portfolio is held at the Bank of New York Mellon. [...] Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. ## What Is USD Coin (USDC)? USD Coin (USDC) is a digital currency that is fully backed by U.S. dollar assets. USDC is a tokenized U.S. dollar, with the value of one USDC coin pegged as close to the value of one U.S. dollar as it can get. The value of USDC is designed to remain stable, making USDC a stablecoin. [...] USD Coin is a stablecoin backed by a reserve of U.S. fiat currency. For each USDC in circulation, there is one dollar held in reserve. However, USDC's price fluctuates many times throughout the day (often by the minute), as much as $0.0006. This isn't much compared to other cryptocurrencies, but it demonstrates that while the coin is relatively stable, it isn't a 1:1 peg 100% of the time.

• usdc, usdc price, usd coin - Coinbase

  USDC (USD Coin) is a stablecoin designed to maintain a 1:1 peg to the U.S. dollar, aiming to provide stability in the cryptocurrency market. Each USDC token is backed by reserves consisting of cash and short-term U.S. Treasury bonds. Introduced in 2018 by the Centre Consortium, a collaboration between Circle and regulated financial institutions, USDC seeks to bridge traditional finance with blockchain technology. It is widely used for transactions, decentralized finance (DeFi), and digital [...] USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.  Whitepaper Official website Add USDC  Earn $50 when you buy $50 in crypto Sign me up  Image 33 $1.00 1H 1D 1W 1M 1Y ALL 6/10/2025, 11:36:26 AM Trading Insights Traders 115K [...] USDC and USDT are both stablecoins pegged to the U.S. dollar, but they differ in issuance and transparency. USDC is issued by the Centre Consortium, with regular audits providing insight into its reserve holdings. USDT, issued by Tether, also seeks to maintain stability but has faced scrutiny regarding the transparency of its reserves. Users may choose between these stablecoins based on preferences for audit transparency, reserve disclosures, and blockchain compatibility.

• USD Coin Price | USDC Price, Charts - Crypto.com

  USD Coin (USDC) is a fully collateralised US dollar stablecoin powered by Ethereum and jointly created by Circle and Coinbase, which is traded on exchanges at a value of US$1. USDC is the bridge between dollars and trading on cryptocurrency exchanges and is available on DeFi Swap. Users can swap USDC, be USDC Liquidity Providers to earn fees, and boost their yield by up to 20x when staking CRO. A brief history of USD Coin --------------------------- [...] USD Coin (USDC) is an open-source, smart contract-based stablecoin pegged to the US dollar on a 1:1 basis. Every unit of this digital currency in circulation is backed up by $1 held in reserve, consisting of a mix of cash and short-term US Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions. What is USD Coin used for? -------------------------- [...] USD Coin (USDC) is issued by the Centre consortium, which is made up of several major cryptocurrency companies, including Circle and Coinbase. USDC is considered to be a relatively safe and stable cryptocurrency, as it is fully backed by deposits of actual US dollars held in bank accounts. However, it's important to note that no cryptocurrency is completely safe. The value of USDC can fluctuate due to market forces and other factors. It's always a good idea to do your own research and carefully

• USDC | The world's largest regulated digital dollar

  USDC is a regulated digital currency established in 2018 and issued by Circle1, a regulated financial service business that follows strict US laws and standards to protect your money. Every USDC in existence is backed by a US dollar or cash equivalent asset that Circle has in its publicly visible reserves, with assurances issued monthly by a Big Four accounting firm. That’s a lot of information, all to tell you that we don’t mess around — so you can count on proof, not promises.

• USDC (cryptocurrency) - Wikipedia

  USDC| Denominations | | --- | | Code | USDC | | Development | | White paper | USDC White Paper at the Wayback Machine (archived 2024-12-03) | | Initial release | September 2018 | | Developer(s) | Circle "Circle (company)") | | Website | | Website | www.circle.com/en/usdc | USDC is a cryptocurrencystablecoin which is issued by Circle "Circle (company)"). It is pegged to the United States dollar, and is distinct from a central bank digital currency (CBDC).( Usage -----

• Instance Of

  Q4167410