Circle

Stablecoin · Fiat-Backed Regulated · USDC

NetworkStablecoinFiat-Backed RegulatedMulti-Currency2 coinsAudited

Circle Internet Financial issues USDC and EURC, fully reserved fiat stablecoins backed by cash and short-term U.S. Treasuries held with regulated custodians, with monthly third-party attestations.

The largest regulated dollar stablecoin issuer.

Circulating supply

$73.71B

-0.0% 24h

Latest data · 15 min delay

Stablecoin metrics

Live circulating supply (DeFi Llama) plus curated reserves, peg mechanism, and risk facts.

Circulating supply

$73.71B

Member supply sum

# Chains

6

Curated deployment

Reserves, peg & risk

Peg mechanism

Fiat reserve, 1:1 mint/redeem.

Reserves / collateral

Cash + short-term U.S. Treasuries at the BlackRock USDC Reserve Fund and BNY Mellon.

Audit / attestation history

Deloitte monthly attestations.

Chains · EVM: mixed

EthereumSolanaBaseArbitrumPolygon+11 more

Deployment notes

USDC native on 16+ chains; EURC on 8+.

Reserve composition

Reserve custodian

BlackRock USDC Reserve Fund + BNY Mellon

Reserve breakdown

Short-term U.S. Treasuries · 80%Cash at regulated banks · 20%

Attestation cadence

monthly

Attestor

Deloitte

SymbolNameRoleClass
USDCUSD CoinPrimary regulated dollarStablecoin
EURCEuro CoinRegulated euro stablecoinStablecoin

Risk timeline

2023-03Depeg

USDC briefly fell to ~$0.88 after $3.3B of reserves were stuck at the failed Silicon Valley Bank; restored within days.source

Sources

Attestation page

https://www.circle.com/transparency

Research agent