/ Conviction Index / USDC (Circle)

USDC (Circle)

Stablecoin · USDC · Launched Sep 2018
A

Excellent (A) — Conviction Grade

USDC is the most regulated and transparent USD-pegged stablecoin. Circle's IPO process (2024-2025) brought additional regulatory scrutiny. Monthly attestations from Big-Four auditors. Strong regulatory alignment (Circle is a federally regulated electronic money issuer in multiple jurisdictions).

92
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Protocol Security
A
Governance Decentralization
B
Liquidity
A
Adoption & Utility
A
Regulatory Posture
A
/ Public-Record Events

Key events & disclosures.

  • Launch Sep 2018
  • SVB exposure event Mar 2023 (resolved)
  • Circle IPO process 2024-2025
  • Monthly Big-Four attestations

/ Best for

Institutional digital-asset onramps requiring regulated stablecoin; the default USD-stablecoin choice for risk-sensitive allocations.

/ Watch out for

Centralized issuer means USDC is subject to Circle's regulatory and operational status. SVB exposure (Mar 2023) demonstrated banking-counterparty risk.