USD-pegged · fiat-backed · #8 by USD value
Circle USYC (USYC) is a USD-pegged fiat-backed stablecoin, backed by tokenized us treasuries. It currently ranks #8 among tracked stablecoins by circulating supply, and is deployed across 2 blockchains. Data is updated daily at 00:00 UTC from DefiLlama.
| Chain | Share | Supply |
|---|---|---|
| BSC | 97.0% | $2.91B |
| Ethereum | 3.0% | $90.7M |
Circle USYC (USYC) is a USD-pegged stablecoin backed by tokenized us treasuries. Its peg mechanism is fiat-backed, and it currently ranks #8 among tracked stablecoins by circulating supply.
USYC has a circulating supply of $3.01B (USD equivalent). Data updates daily at 00:00 UTC from DefiLlama.
USYC is backed by Tokenized US Treasuries. This means holders' claims are collateralized in that form, with reserves reported by the issuer.
USYC is deployed across 2 blockchains, with BSC holding the largest share of supply. See the Chain Distribution section on this page for the full breakdown.
USYC shares a USD peg with USDT and USDC — the market's two largest stablecoins — but differs in issuer, backing composition, and typical use cases. USDT and USDC together account for the majority of USD stablecoin supply; USYC ranks #8.
| Full Name | Circle USYC |
| Symbol | USYC |
| Peg | USD |
| Peg Mechanism | fiat-backed |
| Backing | Tokenized US Treasuries |
| Chains Deployed | 2 |
| CoinGecko | View on CoinGecko → |
| Data Source | DefiLlama → |
| Last Updated | 2026-07-27 · refreshes daily 00:00 UTC |