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Stablecoin OverviewTested23 MAY 26
USD Coin (USDC)

USD Coin (USDC) Review

Regulated USD stablecoin from Circle, monthly Deloitte attestations

Affiliate link · doesn't affect score · independent methodology

At a glance

USDC is the regulated-first alternative to USDT — Circle issues monthly Deloitte attestations, supports 16 chains, and offers full redemption via Circle Mint for verified accounts. Brief depeg to $0.87 in March 2023 during SVB collapse; restored within 72h.

Best for

US-based users, institutions, and developers who need the strongest regulatory posture in stablecoins.

Skip if

Maximum trading liquidity matters more than regulatory comfort — USDT still dominates volume.

Quick stats

Ticker
USDC
Issuer
Circle Internet Financial
Peg
USD
Backing
fiat collateralized
Market cap
$33.0B
Chains
16
Attestation
monthly
Fiat redeem
Yes

Skrumble scoring breakdown

Liquidity & Adoption (30% weight)4.5/5
Transparency & Audits (30% weight)4.8/5
Backing Quality (20% weight)4.7/5
Chain Coverage (10% weight)4.8/5
Redeemability (10% weight)4.6/5

Read our full scoring methodology.

Auditors / attestors

  • · Deloitte (monthly attestations)

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