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USDC

USDC

USDC on Unichain is a native stablecoin issued by Circle. USDC is backed 1:1 by USD reserves held with a licensed custodian (Circle). USDC is fully redeemable for its USD reserves, providing an effective mechanism to retain the peg to $1.

Risk Rating
Best
What is USDC?
Information
Blockchain
  • Unichain
Info
  • Asset Type: ERC-20
Key Metrics
Risk Assessment
Best
Asset Strength

USDC is a large-cap, fully collateralized asset. This asset depends on a centralized entity for custody services.

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

Dependencies

USDC has no dependencies.

Asset Tokenomics

USDC does not have a supply schedule. USDC on Unichain is a native stablecoin issued by Circle. USDC is backed 1:1 by USD reserves held with a licensed custodian (Circle). USDC is fully redeemable for its USD reserves, providing an effective mechanism to retain the peg to $1.

Things to know about USDC
USDC Pools
Euler-Gauntlet USDC Unichain Lending
~
Yield
~
TVL
Risk
B
Protocol
Euler
Chain
Unichain
Morpho-Gauntlet USDC Lending
~
Yield
~
TVL
Risk
B
Protocol
Morpho
Chain
Unichain