USDC Unlock Schedule
USDC has no supply cap, no emission schedule, and no burn beyond redemption. We have not recorded scheduled unlocks for USDC.
Verified How we verify
Key facts
| Emission model | Inflationary |
|---|---|
| Circulating supply | 74.6B USDC |
| Maximum supply | No fixed cap |
Upcoming unlocks
We have not verified a token unlock schedule for USDC.
Supply and emission
USDC has no supply cap, no emission schedule, and no burn beyond redemption. Tokens are created when dollars are deposited and destroyed when redeemed, so circulating supply is a demand readout. Circle states that reserve holdings are fully disclosed weekly alongside mint and burn flows, and that a Big Four accounting firm provides monthly third-party assurance that reserves exceed USDC in circulation. Reserve data was shown as of 31 August 2026.
Frequently Asked Questions
- How much of USDC supply is still locked?
- About 708,168 USDC is not yet circulating, <0.01% of the total supply of 74.6B USDC, as of September 5, 2026. Not all of that is on a published unlock schedule.
- Where does this data come from?
- Unlock dates and amounts are taken from USDC's own project documentation and recorded by RampAtlas. This page was verified on September 2, 2026.