USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

USDC

USD Coin (Moonriver)

$1.00

Risk Rating

yellow

Average

Blockchain

* [Reddit](https://www.reddit.com/r/MakerDAO) 
* [Telegram](https://t.me/makerdaoOfficial) 
* [Twitter](https://twitter.com/MakerDAO) 
* [Website](https://makerdao.com/) 
* [Community](https://etherscan.io/token/0x6b175474e89094c44da98b954eedeac495271d0f) 
* Asset Type: ERC-20

Info

* Market Cap: $5.5B 
* Fully Diluted Valluation: $5.5B 
* FDV / MC: 1 
* Ranking inside Exponential (among stables): #3 
* Circulating Supply: 5,462,765,841 
* Total Supply: 5,461,851,780 
* Volume (24H): $495.8M 
* ATH: $1.22 (03/13/2020) 
* ATL: $0.88 (03/11/2023)

Key Metrics

Information

USD Coin (Moonriver) 0xE3F5a90F9cb311505cd691a46596599aA1A0AD7D USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

USDC.multi Pools

**USDC.multi** is a large-cap undercollateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Multichain, a protocol rated as Watch out. 

**USDC.multi** is a stablecoin that usually trades within 20bps of its peg to USD, which makes it a solid store of value.

Asset Strength

**USDC.multi** has an uncapped supply but has inflation control or burn mechanisms in place.