> open stablecoin/usdc
USD Coin
USD-pegged stablecoin issued by Circle. SOG tracks USDC as active with a major recovered depeg event during the March 2023 banking crisis.
Statusactive
Evidence2
| Symbol | USDC |
|---|---|
| Status | active |
| Peg asset | USD |
| Collateral model | fiat_backed |
| Issuer | Circle |
| Reserve disclosure | available |
| Redemption status | active |
| Launch date | 2018-09-26 |
| Discontinued date | — |
| Confidence | medium |
| Last verified | 2026-06-01 |
Issuer dossier
Circle · company · United States
Reserve reports
1 seed reserve disclosure reference(s) linked to this record.
Known unknowns
1 visible uncertainty item(s) kept for later review.
| Date | Event | Type | Impact | Recovered | Mechanism |
|---|---|---|---|---|---|
| 2023-03-11 | USDC depeg during March 2023 banking crisis | major_depeg | high | yes | reserve_asset_exposure |
| Date | Publisher | Type | Asset categories | Confidence |
|---|---|---|---|---|
| 2026-06-01 | Circle | issuer_disclosure | cash, short_duration_us_treasuries | medium |
| Source | Publisher | Type | Claim scope | Reliability |
|---|---|---|---|---|
| Circle Transparency | Circle | issuer_statement | reserve | high |
| Circle update on USDC and Silicon Valley Bank exposure | Circle | issuer_statement | depeg_event | high |
| Topic | Description | Severity | Last checked |
|---|---|---|---|
| historical_low_price | Lowest observed USDC price and exact depeg duration vary by data source and need a source-specific value before display. | medium | 2026-06-01 |
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