USDC · STABLECOINUSD Coin
Dollar-pegged stablecoin backed 1:1 by U.S. dollars in reserve. Built for transparency.
Price
$1.00
24h
+0.0%
About USD Coin
What is USD Coin?
USD Coin (USDC) is a stablecoin: a cryptocurrency designed to maintain a steady value of $1. Each USDC is backed by one U.S. dollar (or equivalent assets) held in reserve by Circle, the issuer. Unlike Bitcoin or Ethereum, USDC doesn't fluctuate in price. That's the entire point.
USDC is one of the most trusted stablecoins in crypto thanks to regular third-party attestations of its reserves and full regulatory transparency. It's issued on multiple blockchains including Ethereum, Solana, and Avalanche.
People buy USDC to send dollars quickly worldwide, to hold value digitally without volatility, to access DeFi protocols, or simply as a stepping stone to other crypto assets. It's also widely used for international remittances, settling in minutes instead of days.
At a glance
- Launched
- 2018
- Issuer
- Circle
- Backing
- 1:1 USD reserves
- Audits
- Monthly attestations
- Networks
- ETH, SOL, AVAX, BASE, more
Price
USD Coin holds the $1 peg
-0.0%past 30 days
Stability you can see: pegged 1:1 to the U.S. dollar.
Market Cap
$48B
Supply
48B
All-time high
—
24h Volume
$8.2B
Where to buy
Find a Bitstop with USD Coin near you
USD Coin is available at over 2,500 Bitstop kiosks nationwide. Use the location finder to discover the nearest ATM that supports USD Coin.
Your wallet
Grab a wallet
Any wallet that generates a receive QR code works at a Bitstop ATM. New to crypto? Exodus takes a few minutes to set up.
Recommended for USDC
MetaMask
Best for ERC-20 USDC on Ethereum
Phantom
If you want USDC on Solana
Use any wallet that supports USDC. The ATM scans your receive address. That's all it needs. Hardware wallets like Ledger work too: open the companion app and scan the receive QR.
Pair it with the Bitstop App
Register once, track transactions, and find ATMs on the go.
Frequently Asked Questions
How is USDC different from USDT?
Both are dollar-pegged. USDC is issued by Circle and provides monthly attestations of reserves audited by Deloitte. USDT (Tether) is the larger by volume and more widely available, but historically less transparent about reserve composition. Many holders use both depending on the platform.
Is USDC really backed 1:1?
Yes. That's the design. Circle holds dollar-equivalent reserves (cash + short-term US Treasuries) and publishes regular third-party attestations. The 1:1 peg has held through major market events.
Can USDC lose its peg?
Briefly, in March 2023, USDC dropped to ~$0.87 when Silicon Valley Bank failed (Circle held reserves there). It recovered to $1 within days once banking access was restored. The event reshaped how Circle distributes its reserves.
Why hold USDC instead of dollars in a bank?
Speed and accessibility: USDC sends globally in minutes for cents, works without a bank account, and earns yield in DeFi. For pure savings, a bank still wins on insurance and ease.