USD Coin (USDC) stablecoin analytics
USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund.
Static Profile
Static stablecoin profile
USD Coin (USDC) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 3, 2026
USDC is the compliance-first reserve currency of crypto: 100% very-low-risk Treasuries, overnight repos, and cash under BlackRock management and BNY Mellon custody, paired with the most distributed DEX liquidity profile on the dashboard. USDC crossed $79.6 billion in...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash
- Peg Mechanism
- Direct 1:1 redemption through Circle
- Jurisdiction
- United States / NYDFS / 50-state MTL / Virtual Currency License (BitLicense)
- Proof Of Reserves
- Independent Audit by Deloitte Reserve source
Snippet Answer
Is USDC safe?
Pharos does not mark USDC as absolutely safe. Static metadata says USD Coin uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Deloitte; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdc-circle
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
USDC quick answers
What is USD Coin (USDC)?
USDC is Circle's centralized dollar stablecoin, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and cash held in an SEC-regulated reserve fund. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Circle
What backs USDC?
Pharos classifies USDC backing as Real-World Asset Backed. Collateral, per the static profile: Cash and cash equivalents held in the Circle Reserve Fund (SEC-registered 2a-7 government money market fund), managed by BlackRock and custodied at BNY Mellon; assets include short-dated U.S. Treasuries, overnight Treasury repos, and cash Reserve evidence: Independent Audit from Deloitte.
Can USDC be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDC, when applicable, appear in the dossier below.