Skip to free scan
FP
FIREPAN
Start Free Scan

Ethereum · ERC-20

Is USDC Safe? USD Coin Risk Overview

Fiat-backed US dollar stablecoin issued by Circle.

Contract Identity

Token
USD Coin (USDC)
Chain
Ethereum
Standard
ERC-20
Decimals
6
Contract
0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48

Scan This Token

This is an editorial token overview, not a scan report or safety rating. Open Sentinel with this address and chain to request a scan. Check the report timestamp and any unavailable checks before relying on its results.

Scan This Token →

View published report → Check its timestamp: this is an existing public report, not a new scan.

Key Risk Considerations

  • ▸Centralized issuer (Circle) — the contract includes blacklist/freeze capability, a deliberate compliance feature that is also a centralization consideration.
  • ▸Deployed behind an upgradeable proxy (FiatTokenProxy); logic can be changed by the admin.
  • ▸Review the current implementation and admin permissions on the chain explorer; a verified source listing alone is not a safety assessment.

What a Sentinel Scan Checks

Honeypot signals

Checks third-party honeypot, sell-restriction, and transfer-tax signals.

Holder concentration

Measures top-wallet concentration when coherent provider evidence is available.

Liquidity depth

Examines same-chain DEX liquidity, pool age, and pool composition.

Owner permissions

Checks available indicators of owner, mint, pause, blacklist, and fee controls.

Proxy pattern

Checks provider and source indicators of upgradeable proxy contracts.

Source availability

Checks explorer-verified source and ABI availability; does not independently recompile bytecode.

← All token overviews← About Sentinel