USD Coin USDC

Ethereum · 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48

Low risk 10/100 risk score

Verdict computed on 22 Aug 2026 from evidence read on 15 Jul 2026, at the evidence boundary stated below.

12 of 14 checks completed. Not checked: Can anyone change balances directly?; Is there a hidden owner?.

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USD Coin is issued by Circle, the named issuer of this regulated stablecoin. Circle keeps the power to upgrade the contract, mint, freeze and blacklist wallets — standard for a regulated stablecoin, and not a rug risk. Low risk.

Control powers

  • Upgrade administrator — An administrator can replace the contract code, so the rules can change after you buy. verified on-chain
  • Logic contract owner — The contract holding the token logic has its own owner, separate from the address you interact with. verified on-chain

Trading

  • Buy tax — There is no buy tax. reported by the security feed
  • Sell tax — There is no sell tax. reported by the security feed

Liquidity & holders

  • No project-owned trading pool — Not applicable — this token does not have a single project-owned trading pool; it trades in many pools run by other parties, so there is no LP position for its issuer to lock or burn. from the issuer registry
  • On-chain liquidity — On-chain trading pools hold $884,123. Most trading in this token happens on centralized exchanges, which the market feed cannot see. reported by the market feed
  • Top holders — The ten largest wallets hold 10% of the supply (excluding the trading pair, burned supply and contract holders), the largest of them 8%. reported by the security feed

Code & history

  • Code published — The contract's source code is published and readable. reported by the security feed
  • Issuer can block individual wallets — Circle can block individual wallets from holding or moving USD Coin. This is a disclosed power of the named issuer, not a hidden one. from the issuer registry
  • Issuer can create new tokens — Circle can create new USD Coin. This is a disclosed power of the named issuer, not a hidden one. from the issuer registry
  • Issuer can freeze transfers — Circle can freeze or pause transfers of USD Coin. This is a disclosed power of the named issuer, not a hidden one. from the issuer registry
  • Resembles code that collapsed — This token's code does not resemble any we watched collapse. read on-chain

What matters here

  • An administrator can swap the token's code for entirely different code without asking holders.
  • The code behind this token can be replaced, so its behaviour can change after you buy.
  • The contract holding the token logic has its own owner, separate from the address you interact with.

Automated technical and market observations from public data. This is not a guarantee that a token is safe or fraudulent, and it is not financial advice.

Market

Price $1.00 pool price, reported by the market feed
24h change +0.01% reported by the market feed
24h volume, on-chain pools $80,401,719 reported by the market feed
Liquidity, on-chain pools $884,123 reported by the market feed
On-chain pools seen 1 reported by the market feed
Total supply 50.15 billion verified on-chain
Holders 8,699,871 reported by an external provider
liquidity in on-chain trading pools$884,123
24h volume across on-chain pools$80,401,719
on-chain pools seen1
Quoted againstUSDT

The market feed reads decentralized exchanges, so every figure above describes on-chain pools only. Trading on centralized exchanges is not visible to it.

Price $1.00 median across 7 centralized exchanges, reported
24h volume $5,220,993,163 7 centralized exchanges plus on-chain pools; USD-quoted pairs only
Market value $49,905,106,276 reported by the market feed; circulating-supply basis
Fully diluted value $49,905,106,276 reported by the market feed
Exchanges listed 7 read from each exchange's own public market list

Global figures combine what each centralized exchange reports for its dollar-quoted pairs with the on-chain pools. Pairs quoted in other currencies are left out rather than converted.

Also listed on 7 centralized exchanges, including Binance, Kraken and OKX. read from each exchange's own public market list

Centralized order books are not on-chain, so those figures are reported, never verified.

Open the full evidence and provenance

Compare USD Coin with another token on this chain — two at a time, differences marked.

Watch via RSS — no account needed. New entries when the answer about this token changes, and no entry when it does not.

Our test sale and an independent checker agree this token can be sold. cross-checked with an independent sellability service

How the readings of this token changed — 15 recorded readings of this token, newest first.
  1. 24 Aug 2026, 14:40 UTC Read at finalized block 25,825,632. The evidence this run gathered did not complete, so no band was published from it.
  2. 22 Aug 2026, 05:52 UTC Read at finalized block 25,808,631. The evidence this run gathered did not complete, so no band was published from it.
  3. 06 Aug 2026, 20:11 UTC Read at finalized block 25,698,132. The evidence this run gathered did not complete, so no band was published from it.
  4. 06 Aug 2026, 10:46 UTC Read at finalized block 25,695,321. The evidence this run gathered did not complete, so no band was published from it.
  5. 06 Aug 2026, 09:32 UTC Read at finalized block 25,694,937. The evidence this run gathered did not complete, so no band was published from it.
  6. 06 Aug 2026, 08:15 UTC Read at finalized block 25,694,555. The evidence this run gathered did not complete, so no band was published from it.
  7. 06 Aug 2026, 00:00 UTC Read at finalized block 25,692,095. The evidence this run gathered did not complete, so no band was published from it.
  8. 05 Aug 2026, 00:00 UTC Read at finalized block 25,684,921. The evidence this run gathered did not complete, so no band was published from it.
  9. 04 Aug 2026, 00:00 UTC Read at finalized block 25,677,741. The evidence this run gathered did not complete, so no band was published from it.
  10. 03 Aug 2026, 11:57 UTC Read at finalized block 25,674,133. The evidence this run gathered did not complete, so no band was published from it.
  11. 03 Aug 2026, 10:36 UTC Read at finalized block 25,673,718. The evidence this run gathered did not complete, so no band was published from it.
  12. 03 Aug 2026, 08:45 UTC Read at finalized block 25,673,174. The evidence this run gathered did not complete, so no band was published from it.

3 earlier runs are on record and are not listed here.

Each line is one evidence run, pinned to the block or slot it was read at. Runs made under an earlier version of the claim engine are kept as a record of what was read, not republished as an answer.

What we know about this token

24h volume $80.4M reported by the market feed
Chain Ethereum verified on-chain
Contract address 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 verified on-chain
Deployed by 0x95ba4cf87d6723ad9c0db21737d862be80e93911 reported by the security feed
Holders 8,699,871 reported by the security feed
Market value $49.9B reported by the market feed
Name USD Coin reported by the security feed
Price $1.0002 reported by the market feed
Symbol USDC reported by the security feed
Total supply 50,145,598,790 reported by the security feed
Trading since 519 days ago reported by the market feed

How long this has existed

Domain registered28 years ago from the domain registry (RDAP)
Website first archived27 years ago from the Internet Archive

Age of the project's public footprint, not of the contract. An established domain is not a guarantee and a new one is not an accusation; neither changes the score.

Largest holders

AddressShare
0x37305b1cd40574e4c5ce33f8e8306be057fd7341 7.86%
0xe1940f578743367f38d3f25c2d2d32d6636929b6 contract 3.39%
0xffa69c0080582098af595156240214b742735a5e contract 3.16%
0xad354cfbaa4a8572dd6df021514a3931a8329ef5 contract 2.79%
0x38aaef3782910bdd9ea3566c839788af6ff9b200 contract 2.67%
0x40ec5b33f54e0e8a33a975908c5ba1c14e5bbbdf contract 2.06%
0xee7ae85f2fe2239e27d9c1e23fffe168d63b4055 contract 1.74%
0x01b8697695eab322a339c4bf75740db75dc9375e 1.47%
0x36db199f0a1cd131ad0b5cf4fe94286faab9fda5 contract 1.22%
0x3d09d2354530466d32ed37c6ad19ea58504a0c37 1.12%

Reported by the security feed. A holder marked "contract" is a pool, locker or program rather than a person.

What this scan does not establish

  • Can anyone change balances directly? — no source answered this question for this token, so nothing is claimed either way.
  • Is there a hidden owner? — no source answered this question for this token, so nothing is claimed either way.
  • This is an automated read of public on-chain data and labelled provider feeds at one moment in time. It is not an audit, it does not execute the contract's logic path by path, and a token can change after it is scanned.

Evidence runs for this address

CollectedPinned toProvider agreement Assessment at the time
15 Jul 2026 Finalized block 25537598 Verified recorded under an earlier method
17 Jul 2026 Finalized block 25548598 Verified recorded under an earlier method
3 Aug 2026 Finalized block 25672793 Verified recorded under an earlier method
3 Aug 2026 Finalized block 25673174 Verified recorded under an earlier method
3 Aug 2026 Finalized block 25673718 Verified recorded under an earlier method
3 Aug 2026 Finalized block 25674133 Verified recorded under an earlier method
4 Aug 2026 Finalized block 25677741 Verified recorded under an earlier method
5 Aug 2026 Finalized block 25684921 Verified recorded under an earlier method
6 Aug 2026 Finalized block 25692095 Verified recorded under an earlier method
6 Aug 2026 Finalized block 25694555 Verified recorded under an earlier method
6 Aug 2026 Finalized block 25694937 Verified recorded under an earlier method
6 Aug 2026 Finalized block 25695321 Verified recorded under an earlier method
6 Aug 2026 Finalized block 25698132 Verified recorded under an earlier method
22 Aug 2026 Finalized block 25808631 Verified recorded under an earlier method
24 Aug 2026 Finalized block 25825632 Verified recorded under an earlier method

The current run was read at finalized block 25825632, hash 0xc7dd09aeff9a1571d7fda61222b053646a29aee38737ef145d470e16387c62ab, across 5 independent providers.

About USD Coin

USD Coin (USDC) is a token on Ethereum. Its main trading pair has existed for 518 days on uniswap. Across 1 observed pair(s), the venue feed reports a price of $1.0002, $884,123 of combined DEX liquidity and $80,401,719 of 24-hour volume; the largest single pair holds $884,123. An external provider reports roughly 8699871 holders; VetMyToken has not reconstructed the complete holder set. An external provider reports published source code; VetMyToken has not independently verified that source. Contract controls, holder coverage, liquidity control and market quality are assessed separately; market activity does not improve or reduce the security-risk assessment.

Exact address0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48
NetworkEthereum
Project websitehttps://www.circle.com/usdc
Main observed pair created13 May 2025

Community notes