01 /
Brief
Circle's dollar stablecoin. $76B market cap. Fully backed by cash and short-term US Treasuries. Native on 30+ chains. BUIDL uses USDC as its redemption layer via Circle Reserve Fund.
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries
- Token standards
- erc-20, erc-7528
- Jurisdiction
- US
03 /
Milestones
How this player got here.
- Dec 2025Established as the dollar leg for Coinbase Wrapped Assets via CCIP bridges
- Jun 2025Circle IPO on NYSE accelerated USDC institutional adoption
- Mar 2025Crossed $60B market cap
- Jun 2024Native issuance on 14 chains
04 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
