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USD Coin (USDC) explained

USDC is a dollar-referenced stablecoin issued by Circle through regulated entities and supported on multiple networks.

How it works

Its design relies on reserve assets and redemption through the issuer's supported channels. Availability and legal terms vary by jurisdiction.

What to check

Use Circle's official reserve and transparency disclosures and confirm the correct network contract before transferring tokens.

  • Use Circle's official disclosures
  • Verify network contract
  • Read jurisdiction-specific terms

Limits and risks

USDC can experience temporary market deviations from one dollar and remains exposed to issuer, banking, network and regulatory risk.

Primary sources

Circle USDC↗Tether Transparency↗FATF: Virtual Assets↗

General information only. Investment products can lose value, and terms, fees and regulation can change.