Circle USYC
Perfil del Stablecoin
Circle USYC (USYC) es una stablecoin respaldada por fiat anclada a USD, con 2365,2 M US$ en suministro circulante a través de 2 redes blockchain. Cada USYC está respaldada por reservas del emisor, con paridad atestiguada vía defillama. La paridad se ha mantenido dentro de ±1% en la mayoría de las sesiones de negociación; la composición de las reservas y la cadencia de las atestaciones son los principales factores de su perfil de riesgo crediticio.
Acerca de Circle USYC (USYC)
USYC is a tokenized money market fund backed by U.S. Treasury bills, designed by Hashnote Labs (now part of Circle) to generate yield within the token itself for use as collateral in crypto markets
USYC is minted when users deposit USDC into USYC fund, which then invests in short-term U.S. Treasury bills to create the yield-bearing token, and it can be redeemed by converting it back to USDC at a 1:1 ratio through Circle's system
Actividad reciente de suministro
Circle USYC (USYC) supply expanded by 100 M US$ (+4.42%) in the last 24 hours, expanded by 375,3 M US$ (+18.86%) over the past week, and expanded by 768,5 M US$ (+48.13%) over the past 30 days.
Expansion phase: minting activity has outpaced redemptions, with circulating supply growing 48.13% over the past month.
Historial de Suministro
Network distribution
Circle USYC circulates across 2 blockchain networks. BSC hosts the largest share at 94.64%, followed by Ethereum at 5.36%. BSC has shown the strongest 30-day growth at +50.97%, suggesting fresh issuance or bridge inflows on that chain.
| Cadena | Suministro | Cuota | 24h Δ | 30d Δ |
|---|---|---|---|---|
| BSC | 2238,5 M US$ | 94.64% | +4.68% | +50.97% |
| Ethereum | 126,7 M US$ | 5.36% | +0.02% | +11.14% |
Historial de estabilidad del anclaje
Circle USYC (USYC) is designed to trade at exactly 1.00 USD, with its peg defended through direct redeemability against off-chain reserves. Spot price currently sits at $1.1195, a +11.947% deviation from the target — well inside the stability band typical for reserve-backed dollar tokens.
Cómo las stablecoins reserve-backed defienden su anclaje
Fiat-backed stablecoins maintain their peg through arbitrage: any time the secondary-market price drifts above $1.00, authorised participants mint new tokens by depositing dollars and sell them into the market; any time it drifts below, they buy on the open market and redeem 1:1 for dollars. The peg therefore depends entirely on (a) the reserves actually existing, (b) the issuer honouring redemption requests promptly, and (c) the issuer remaining solvent and unfrozen.
Implicaciones prácticas para los tenedores
- Counterparty risk is concentrated in the issuer and its banking partners — a banking failure (as in the March 2023 USDC / SVB episode) can cause short-term depegs even when the underlying reserves are sound.
- Reserve attestations are not full audits. Always read the firm name, scope, and date of the latest attestation report before treating the peg as risk-free.
- Redemption rights typically apply only to verified institutional partners, not to retail holders. Retail exposure is exited via secondary markets, where liquidity matters most during stress periods.
- Regulatory action against the issuer (NYDFS orders, OFAC freezes, court-ordered blacklists) can immediately impair specific addresses or even the entire token.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (reserve-backed) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Direcciones de contrato
Circle USYC (USYC) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Cadena | Dirección del contrato | Verificar |
|---|---|---|
| Ethereum | 0x136471a34f6ef19fe571effc1ca711fdb8e49f2b | Explorador |
Las direcciones de contrato provienen del perfil de stablecoins de DeFiLlama. Algunas cadenas (Tron, Solana, Aptos, Sui) usan formatos de dirección no EVM. El enlace "Explorador" abre el explorador de bloques oficial de la cadena correspondiente; no enlazamos a exploradores de terceros que puedan mostrar datos alterados.
Comparar Circle USYC con otras stablecoins fiat-backed
Below are the largest fiat-backed stablecoins tracked on Mantapex alongside Circle USYC (USYC). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Suministro | Mecanismo | Cadenas |
|---|---|---|---|
| Tether (USDT) | 184,1 mil M US$ | fiat-backed | 107 |
| USD Coin (USDC) | 79,6 mil M US$ | fiat-backed | 125 |
| World Liberty Financial USD (USD1) | 4518,8 M US$ | fiat-backed | 8 |
| PayPal USD (PYUSD) | 4088,7 M US$ | fiat-backed | 7 |
| BlackRock USD (BUIDL) | 2542,3 M US$ | fiat-backed | 8 |
Estabilidad del Anclaje
Distribución por Cadena
Recursos y fuentes de datos
Circle USYC (USYC) is tracked across major crypto data providers. The links below open Circle USYC (USYC)'s pages on CoinGecko and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Noticias recientes de Circle USYC
Latest reporting from major crypto news outlets covering Circle USYC.
- Bitcoin
Top 5 Stablecoins Capture Nearly 90% of Sector as Market Contracts This Week
Over the last seven days, the stablecoin sector posted a slight contraction of $90.01 million, bringing the market's total valuation to $323.052 billion, according to figures…
- Crypto Briefing
BNB Chain's RWA TVL rises to $4B, driven by Circle USYC growth
BNB Chain's RWA TVL growth highlights a shift towards institutional-grade products, potentially reshaping DeFi's landscape and capital flows. BNB Chain's RWA TVL rises to $4B,…
- AMBCrypto
Circle's USYC hits $2.68B as 95% of AUM moves to BNB Chain: Details
What happened in 5 months that shifted Circle's USYC from an Ethereum native fund to the largest TMMF gloabally?
- Bitcoin
Stablecoin Economy Crosses $315B as Circle's USYC Leads Weekly Gains
Over the past seven days, the stablecoin economy padded its coffers with another $2.983 billion, gliding past the $315 billion threshold this week. Among the ten largest…
- Blockonomi
Circle's USYC Dethrones BlackRock BUIDL as Top Tokenized Treasury Product
In a significant milestone for blockchain-based financial products, Circle's USYC token has claimed the top position among tokenized U.S. Treasury offerings, displacing…
- Tokenpost
Circle's USYC Overtakes BlackRock's BUIDL as Tokenized Treasury Market Hits $11 Billion
Circle, widely recognized as the issuer of the USDC stablecoin, has claimed the top spot in the fast-growing tokenized U.S. Treasury market. Its USYC token has surged to…
- Blockonomi
Stablecoins With Yield Surge as US Lawmakers Clash
Yield-bearing stablecoins grew 15x faster than the broader market, as US lawmakers debate crypto-linked yield rules.
- Cointelegraph
Yield-bearing stablecoins surge as Washington fights over yield
Yield-bearing stablecoins are growing faster than the broader market as US lawmakers remain divided over how crypto yield should be regulated.
Stablecoins relacionadas
Stablecoins comparable to Circle USYC by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Otras stablecoins fiat-backed
Stablecoins vinculadas a USD
Mayores stablecoins por suministro
Aviso de Riesgo
Las stablecoins conllevan riesgos que incluyen la pérdida del anclaje, cambios regulatorios y riesgo de contraparte. Siempre diversifique y haga su propia investigación.