USD Coin (USDC)
Peg
On-chain reference price measured against $1.00 — own methodology, no issuer data. As of 07:54 UTC. Method
Supply & valuation
Holders & concentration
Concentration is the standard due-diligence read on attention-driven assets: the fewer wallets control the supply, the more one seller can move the price. Exchange wallets pool many customers, so labelled exchange rows are not single holders.
Largest holders
USDC — frequently asked questions
What is USD Coin's supply?
USD Coin has a total on-chain supply of 50.64B USDC, read directly from the chain. Its circulating supply can't be independently verified, so we report only the total.
How is the USDC price here computed?
The USDC price on this page is TheDistributed's own reference price, computed from on-chain venue data rather than exchange feeds. The full method, tolerances and labels are documented on our methodology page.
Does USD Coin have a market cap?
No market cap is shown for USD Coin. It is a stablecoin, and stablecoin supply figures are issuer claims rather than on-chain facts we can verify, so this page reports no market cap at all.
Is USD Coin its own blockchain?
No — USD Coin (USDC) is a stablecoin issued on a host blockchain rather than a native coin. We track it by its verified canonical contract, and its on-chain figures are read from that contract.
Answers are generated from the live figures on this page — on-chain reads, our own reference price and Reddit crowd data — and update as the data does.