USD-pegged · fiat-backed · #2 by USD value
USD Coin holds cash & t-bills against its USDC supply, issued by Circle. Supply spans 133 chains, with Ethereum holding 64% of it. Figures on this page come from DefiLlama and refresh daily at 00:00 UTC.
| Chain | Share | Supply |
|---|---|---|
| Ethereum | 63.8% | $46.10B |
| Solana | 10.0% | $7.20B |
| Hyperliquid L1 | 8.4% | $6.06B |
| Base | 5.8% | $4.17B |
| Arbitrum | 3.1% | $2.22B |
| Polygon | 2.2% | $1.62B |
| BSC | 2.2% | $1.58B |
| Avalanche | 0.6% | $437.4M |
| Stellar | 0.5% | $381.0M |
| Sui | 0.4% | $280.8M |
| Monad | 0.3% | $251.3M |
| Aptos | 0.3% | $219.8M |
USDC is backed by cash & t-bills. The issuer is Circle. Reserve composition is as reported by the issuer; this page does not audit it.
USDT and USDS are the two largest USD stablecoins by circulation. USDC shares the USD peg but differs in issuer, reserve composition, chain mix, and where it is accepted. Use the comparison pages below for a field-by-field breakdown.
Circulating supply and chain distribution come from DefiLlama's stablecoin API; price and 24h volume come from CoinGecko. The page rebuilds daily at 00:00 UTC. Non-USD coins are converted to USD-equivalent using approximate reference rates, so those figures are indicative rather than exact.
| Full Name | USD Coin |
| Symbol | USDC |
| Peg | USD |
| Peg Mechanism | fiat-backed |
| Backing | Cash & T-bills |
| Issuer | Circle |
| Chains Deployed | 154 |
| CoinGecko | View on CoinGecko → |
| Data Source | DefiLlama → |
| Last Updated | 2026-08-09 · refreshes daily 00:00 UTC |