API ID:
usd-coin
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
USDC
Token
No fixed limit (dynamic)
Stablecoin
September 2018
USDC
USD Coin (USDC) is a type of cryptocurrency known as a stablecoin, designed to maintain a 1:1 value with the U.S. dollar. Each USDC token is backed by one U.S. dollar held in reserve, ensuring its stability. This makes USDC useful for trading, as it allows users to move funds quickly between different cryptocurrencies.
A Deeper Dive
Technology & Use Case
USDC is an asset-backed stablecoin engineered for stability. Each token is 1:1 backed by dollars or short-term U.S. Treasury assets, held securely by regulated institutions. Users can send USDC quickly and cheaply across blockchains like Ethereum, Solana, and more. It’s widely used for DeFi (e.g., lending, trading), cross-border payments, payroll, payroll and merchant settlement—helping bridge traditional finance and crypto.
Origins & Team
USDC began in 2018 through the Centre consortium, founded by Circle and Coinbase. It launched to provide a trusted digital dollar in the blockchain space. Today, Circle operates independently, and the stablecoin’s reserves are published weekly, with third-party attestations ensuring transparency.
Ecosystem & Partnerships
USDC has become a key infrastructure layer—handling trillions in transactions. It’s accepted by platforms like Visa and Shopify and plays a central role in DeFi and global commerce. Circle's recent IPO on the NYSE reflects growing institutional adoption and regulatory movement. The GENIUS Act—new U.S. legislation—could further support its role as digital cash.
A Deeper Dive
Popular Exchanges
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