# USDC: USD Coin

USDC is Circle’s fully reserved digital dollar for payments, settlement, and onchain finance.

## Key details

- **Issuer:** Circle
- **Reference currency:** USD
- **Backing model:** Cash and short-duration US dollar assets
- **Created:** 2018-09-26
- Fiber · Supported for deposit

## About

Circle was founded in 2013 around the idea of moving money with the openness and speed of the internet. It introduced USDC with the CENTRE consortium in 2018, then expanded its regulated stablecoin and payments infrastructure across multiple blockchains and jurisdictions; EURC became its euro counterpart.

## Supported chains

- Algorand
- Aptos
- Arbitrum
- Avalanche
- Base
- Celo
- Cronos
- EDGE Chain
- Ethereum
- Hedera
- HyperEVM
- Injective
- Ink
- Linea
- Monad
- Morph
- NEAR
- Noble
- OP Mainnet
- Pharos
- Plume
- Polkadot
- Polygon PoS
- Sei
- Solana
- Sonic
- Starknet
- Stellar
- Sui
- Unichain
- World Chain
- XDC
- XRP Ledger
- ZKsync

- **Reference contract:** `0xA0b86991c6218b36c1d19d4a2e9eb0ce3606eb48` (Ethereum)

## Legal jurisdiction

United States / European Economic Area (France)

Outside the EEA, Circle LLC operates under US money-transmission rules. In the EEA, Circle France issues USDC as a MiCA e-money token under its French EMI license.

## Sources

- [Official site](https://www.circle.com/usdc)
- [Circle](https://www.circle.com/blog/introducing-usd-coin)
- [Circle redemption policy](https://www.circle.com/legal/mica-redemption-policy)

This directory is for research, not an endorsement or an availability promise from Fiber. Stablecoin designs, reserves, networks, and redemption terms can change.

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Fiber is a financial technology company, not a bank. Banking services are provided by SSB, Member FDIC. Funds deposited at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, subject to applicable limitations and FDIC rules.