Circle is the issuer of USDC, the second-largest stablecoin by market cap. USDC reserves are held in short-duration US Treasuries (via BlackRock's Circle Reserve Fund) and cash deposits at BNY Mellon. Monthly attestations are published by Deloitte. Circle operates Circle Mint for institutional direct minting/burning and Cross-Chain Transfer Protocol (CCTP) for multi-chain transfers.
Visit Circle (USDC)USDC reserves custodied by BlackRock (Circle Reserve Fund) and BNY Mellon. Monthly attestations by Deloitte. Most transparent stablecoin issuer and GENIUS Act ready.
Circle operates as a single issuer entity. Reserves are diversified across institutions but redemption depends on Circle's operational continuity.
2 independent parties or systems must fail before a Circle (USDC) holder's bitcoin is at risk.
Circle (USDC)'s custody insurance is not publicly disclosed.
Circle (USDC) uses a multi-institution reserves (blackrock + bny mellon) model and scores 82/100 in our independent review, including 85/100 on custody security. No single institution can unilaterally move funds. Safety depends on your priorities; see the full score breakdown above.
Circle (USDC)'s custody insurance is not publicly disclosed in a form we can verify. Where it exists, custody insurance covers specific named events up to shared limits and does not cover price loss. Confirm coverage in writing before relying on it.
Circle (USDC)'s architecture distributes control, so no single institution's failure alone can move or lose your bitcoin. Recovery depends on the specific structure; see the custody section above.
Circle (USDC) does not advertise a dedicated inheritance or beneficiary feature in the data we track. Confirm current options with the provider, since custody inheritance handling changes.