# USD Coin (USDC) — machine-readable summary

> FORTUNA SIGNAL · FORA-01 evidence dossier · Researched 2026-09-15 · https://ron-delhaye-studios.github.io/fortuna-signal-live/tokens/usdc.html

## Definition
USDC is a United States dollar-pegged stablecoin issued by Circle, redeemable one-to-one for dollars and backed by reserves of cash and short-dated US Treasury assets held in segregated accounts.

## What the holder owns (FORA-01 Q1)
USDC is a redeemable claim on United States dollars at one-to-one, not an equity share or ownership title. Circle records issued stablecoins as a liability (deposits from stablecoin holders) on its balance sheet.

## Verification verdict
Class A (Class A) — FORA-01 scale: verification, not a quality ranking.
q1 VERIFIED · q2 VERIFIED · q3 VERIFIED · q4 VERIFIED · q5 VERIFIED

## Plain-language utility
Dollar-pegged stablecoin issued by Circle — for payments and settlement.

## Key risks & notes
Counterparty risk rests on Circle as issuer and on the reserve structure rather than any chain-level mechanism; regulatory and banking-access risk apply, including dependence on licensed money-transmitter status and MiCAR compliance.

## Primary source
- https://circle.com/legal/mica-usdc-whitepaper

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Machine summary generated at build time from the same fields as the human page. Free educational content — not investment advice.