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Assets · Stablecoin · issued by Circle

USD Coin (USDC)Updated 21 Oct 2026

Circle's US dollar stablecoin, redeemable one for one in dollars and backed by cash and a government money market fund. Issued natively on many chains.

Asset sources[1][2][3][4][5][6] · ERC-20[3] · Stellar Asset[4]

~$70.68bnSupply, 7 Nov 2026
36Networks
USDCIssued by
18Also used by

Issued through Circle USD Coin (USDC) Live (scaled)

Classification · high confidence

Legal form
Stablecoin from regulator register
Underlying
Government debt · Government debt 86%, Money 14% (31 Aug 2026)
Value behaviour
Stable value · no income
Ledger role
Native
Legal labels
e-money token (MiCA) (European Union)[6]

Government debt = US Treasuries plus Treasury repo, mostly inside the Circle Reserve Fund (USDXX, a 2a-7 government MMF, not tracked as a token here); money = cash at banks. Total reserve $73.4bn at 31 Aug 2026.

Sourced[5]. How assets are classified: methodology.

Contracts

Addresses as published by the issuer. Check them on the explorer before relying on them. Supply per network comes from the issuing deployment's on-chain figures.

NetworkAddressStandardSupply hereSource
Ethereum0xA0b869…06eB48 ↗ERC-20~$42.91bn[1]
SolanaEPjFWdd5…yTDt1v ↗SPL~$7.05bn[1]
Hyperliquid0xb88339…Ba630fERC-20~$6.57bn[1]
Base0x833589…A02913 ↗ERC-20~$4.27bn[1]
Arbitrum0xaf88d0…8e5831 ↗ERC-20~$2.29bn[1]
Polygon0x3c499c…5c3359 ↗ERC-20~$1.68bn[1]
Arc0x360000…000000 ↗ERC-20~$1.28bn[1]
Sui0xdba346…::USDC ↗Sui Coin~$352.37m[1]
StellarGA5ZSEJY…K4KZVN ↗Stellar asset~$338.81m[1]
Aptos0xbae207…b46f3b ↗Aptos fungible asset~$299.07m[1]
Avalanche0xB97EF9…c48a6E ↗ERC-20~$262.14m[1]
Monad0x754704…afb603 ↗ERC-20~$199.13m[1]
Optimism0x0b2C63…97Ff85 ↗ERC-20~$148.1m[1]
Cronos0x3D7F2C…999d2D ↗ERC-20~$137.71m[1]
Algorand31566704 ↗Algorand Standard Asset~$115.36m[1]
NEAR Protocol17208628…6133a1 ↗NEP-141~$90.12m[1]
Sonic0x29219d…038894ERC-20~$86.52m[1]
NobleuusdcCosmos SDK bank denom~$79.31m[1]
XDC Network0xfA2958…Ca8eb1 ↗ERC-20~$60.01m[1]
X Layer0xB6CEce…933061 ↗ERC-20~$57.53m[1]
Ink0x2D270e…61EAEd ↗ERC-20~$52.86m[1]
Sei0xe15fC3…f42392 ↗ERC-20~$33.54m[1]
Starknet0x033068…3b35fb ↗Starknet ERC-20~$31.93m[1]
ZKsync0x1d17CB…6538D4 ↗ERC-20~$31.67m[1]
Hedera0.0.456858Hedera Token Service~$26.39m[1]
Celo0xcebA93…32118C ↗ERC-20~$16.08m[1]
Plume0x222365…5Aa7aF ↗ERC-20~$9.79m[1]
XRP LedgerrGm7WCVp…2XuWhE ↗XRPL issued currency~$5.04m[1]
Plasma0x2d661C…f5F67F ↗ERC-20—[1]
Linea0x176211…1EE1ff ↗ERC-20—[1]
Unichain0x078D78…F57AD6 ↗ERC-20—[1]
World Chain0x79A024…cD24D1 ↗ERC-20—[1]
Morph0xCfb118…bc372B ↗ERC-20—[1]
Pharos0xC879C0…AC1815 ↗ERC-20—[1]
Injective0xa00C59…71235a ↗ERC-20—[1]
Polkadot Asset Hub1337 ↗Polkadot Asset Hub asset—[1]

Settles in USDC

Holds as reserve USDC

Redeems into USDC

Sources

  1. [1]USDC Contract Addresses — Circle. Accessed 18 Oct 2026.B
  2. [2]USDC — Circle. Accessed 11 Oct 2026.B
  3. [3]circlefin/stablecoin-evm: Source repository for smart contracts used by Circle's stablecoins on EVM-compatible blockchains — Circle (GitHub). Accessed 13 Oct 2026.B
  4. [4]Assets Overview & Comparison — Stellar Development Foundation. Accessed 13 Oct 2026. Stellar's developer docs name Circle's USDC and EURC as examples of Stellar Assets..B
  5. [5]USDC Examination Report, August 2026 (USDC Reserve Report as of 11 and 31 August 2026) — Circle Internet Group (independent accountant's examination). Accessed 21 Oct 2026.A
  6. [6]Interim MiCA register of e-money token white papers (EMTWP.csv) — ESMA. Accessed 14 Oct 2026.A
  7. [7]21X rings the bell as trading starts on the world's first blockchain-based exchange for tokenized securities and stablecoins — 21X, 8 Sep 2025. Accessed 11 Oct 2026.B
  8. [8]Aave Horizon Launches — Aave Labs, 26 Aug 2025. Accessed 8 Nov 2026.B
  9. [9]Digital Asset and Industry Working Group Complete Groundbreaking On-Chain US Treasury Financing on Canton Network — Canton Network / Digital Asset, 12 Aug 2025. Accessed 11 Oct 2026.B
  10. [10]CPN supported blockchains — Circle. Accessed 11 Oct 2026.B
  11. [11]Franklin Templeton Enables USDC Conversions on Benji Investments Platform — Silicon UK, Jun 2024. Accessed 11 Oct 2026.C
  12. [12]Buying wYLDS — Hastra. Accessed 15 Oct 2026.B
  13. [13]syrupUSDC Product Disclosures & Disclaimers | Maple — Maple Finance. Accessed 17 Oct 2026.B
  14. [14]Mastercard expands settlement capabilities — Mastercard, Jun 2026. Accessed 11 Oct 2026.B
  15. [15]https://cointelegraph.com/news/moneygram-app-launch-colombia-stablecoin-savings — Cointelegraph, 18 Sep 2025. Accessed 11 Oct 2026.C
  16. [16]Samsung Wallet launches USDC accounts on Solana for US Galaxy users — The Block, 5 Nov 2026. Accessed 7 Nov 2026.C
  17. [17]https://www.shopify.com/ca/enterprise/blog/shopify-usdc-checkout — Shopify, 12 Jun 2025. Accessed 11 Oct 2026.B
  18. [18]Stablecoin payments — Stripe. Accessed 11 Oct 2026.B
  19. [19]Visa enables card settlement using stablecoins in US — Ledger Insights, 16 Dec 2025. Accessed 11 Oct 2026.C
  20. [20]WisdomTree Connect™ Now Offers 13 Tokenized Funds Across Ethereum, Arbitrum, Avalanche, Base and Optimism — WisdomTree (Business Wire, via Silicon UK), 3 Apr 2025. Accessed 18 Oct 2026.B
  21. [21]OUSG | Ondo Finance — Ondo Finance. Accessed 15 Oct 2026. Portfolio overview as of 15 Oct 2026: underlying assets $318.95m..B
  22. [22]Former Gemini execs launch tokenized T-Bill vault OpenEden — The Block, 3 Apr 2023. Accessed 11 Oct 2026.C
  23. [23]Introducing the Superstate Short Duration U.S. Government Securities Fund (USTB) — Superstate, 1 Feb 2024. Accessed 11 Oct 2026.B

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