USD Coin
USD Coin (USDC) is a digital stablecoin that is pegged to the United States dollar and runs on the Ethereum, Stellar, Algorand, Hedera Hashgraph and Solana blockchains. USD Coin is managed by a consortium called Centre, which was founded by Circle and includes members from the cryptocurrency exchange Coinbase and Bitcoin mining company Bitmain, an investor in Circle. 

Circle claims that each USDC is backed by a dollar held in reserve. USDC reserves are regularly attested (but not audited) by Grant Thornton, LLP, and the monthly attestations can be found on the Centre Consortium's website.

USDC was first announced on the 15th of May 2018 by Circle, and was launched in September of 2018. 

On March 29, 2021, Visa announced that it would allow the use of USDC to settle transactions on its payment network.

As of June 2021 there are 24.1 billion USDC in circulation.
Q55582088
stablecoin
Concept
Q4917
United States dollar
Concept
Q16783523
Ethereum
MISC
Q17870327
Stellar
Concept
Q107306810
Algorand
UNK
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Hedera Hashgraph
UNK
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blockchains
Concept
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Circle
ORG
Q13479982
cryptocurrency
Concept
Q16972754
Coinbase
ORG
Q131723
Bitcoin
Concept
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Bitmain
ORG
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audited
Concept
Q5596493
Grant Thornton, LLP
ORG
Q328840
Visa
ORG
Q100781882
USD Coin
MISC
Q100781882
USD Coin
MISC
2018-05-15T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
15th of May 2018
DATE
2018-09-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
September of 2018
DATE
2021-03-29T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
March 29, 2021
DATE
2021-06-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
June 2021
DATE
+24.1^^http://www.w3.org/2001/XMLSchema#decimal
24.1
NUMBER
instance of
instance of
instance of
industry
instance of
industry