USDC • Regulated stablecoin by Circle
Fiat BackedSources: Circle Official Announcements, Fireblocks
September 9, 2025: Circle announced strategic collaboration with Fireblocks to accelerate institutional adoption of USDC via Arc blockchain infrastructure. Partnership enhances enterprise-grade stablecoin deployment capabilities.
Sources: Market Intelligence Reports, Circle Analytics
USDC market capitalization reached $72B with 11% growth, performance running 25% ahead of Wall Street estimates. Demonstrates strong institutional and retail adoption momentum.
Sources: Circle market data, circulation reports
August 2025: USDC circulation reached $65.2B following 90% year-over-year growth, representing 6.4% increase since Q2 2025 end. USDC now accessible to over 500 million end-user wallet products globally with platform strategy "USDC as a Platform for Global Prosperity." Arc blockchain launch planned for year-end using USDC as native gas token.
Sources: Circle Multi-Chain USDC announcements
USDC now natively supported on 23 blockchain networks as of June 2025. New additions include Sonic, Unichain, World Chain. Comprehensive cross-chain strategy with native deployments rather than bridges.
Sources: SEC statements, Circle regulatory updates
SEC staff confirmed "Covered Stablecoins" do NOT constitute securities under Securities Act of 1933 or Securities Exchange Act of 1934. Major regulatory clarity for compliant stablecoins like USDC.
Sources: Circle MiCA compliance reports
First major stablecoin issuer to fully comply with EU's MiCA regulations. France as European regulatory hub. USDC and EURC enjoy EU market passportability serving 445M+ consumers.
| Feature | USDC (Circle) | USDT (Tether) | DAI (MakerDAO) |
|---|---|---|---|
| Market Cap | $34B | $117B | $4.2B |
| Regulation | ✅ Fully regulated | ⚠️ Limited oversight | 🔗 Decentralized protocol |
| Reserves | 💰 100% cash + US Treasuries | 📊 Mixed assets | 🔐 Crypto collateral |
| Transparency | 📋 Monthly public attestations | 📅 Quarterly attestations | ⛓️ On-chain transparency |
| Best For | 🏢 Institutional & corporate | 💹 Trading & liquidity | 🔗 DeFi applications |
Regulated stablecoin by Circle
USD Coin (USDC) is a fully regulated stablecoin backed 1:1 by US Dollars and developed by the CENTRE consortium, a partnership between Circle and Coinbase. Founded in 2018, USDC represents the gold standard for regulatory compliance in the stablecoin ecosystem.
As a regulated digital dollar, USDC combines the stability of traditional currency with the efficiency of blockchain technology, making it the preferred choice for institutional finance and corporate treasury management.
USDC is natively deployed on 23+ blockchain networks by Circle, offering true multi-chain support rather than bridged tokens. Each deployment maintains full regulatory compliance and 1:1 USD backing.
| Network | Standard | Explorer |
|---|---|---|
| Ethereum | ERC-20 | Etherscan |
| Base | ERC-20 | BaseScan |
| Arbitrum | ERC-20 | Arbiscan |
| Polygon | ERC-20 | PolygonScan |
| Solana | SPL | Solscan |
| Avalanche | Native | Snowtrace |
| Network | TPS | Block Time | Avg Fee |
|---|---|---|---|
| Ethereum | ~15 | 12s | $5-50 |
| Base | ~100 | 2s | $0.01 |
| Arbitrum | ~4,000 | 250ms | $0.01 |
| Polygon | ~7,000 | 2s | $0.01 |
| Solana | ~3,000 | 400ms | $0.0002 |
| Avalanche | ~4,500 | 1s | $0.02 |
USDC is natively issued by Circle on each network with full regulatory compliance, monthly attestations, and 1:1 USD backing. This differs from bridged tokens and provides institutional-grade transparency and security.