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Dividend Vision

USDC-USD Crypto — USD Coin

USD Coin (USDC-USD)

Updated October 25, 2026.

USDC-USD is a cryptocurrency. Total return is -0.7% over the past 8 years, 198.8 points behind SPY at 198.1%.

USD Coin is a fully-reserved stablecoin issued by Circle and pegged 1:1 to the US dollar, with each token backed by an equivalent dollar held in regulated US financial institutions and short-duration US Treasuries. As a stablecoin, it does not have a traditional distribution schedule or yield profile. USD Coin appeals to cryptocurrency users seeking a stable store of value and medium of exchange within blockchain ecosystems, rather than to income investors.

USDC-USD performance versus SPY

Total return is -0.7% over the past 8 years, 198.8 points behind SPY at 198.1%. Over the past year its total return — price change plus distributions reinvested — is 0.0%. Its deepest 1-year drawdown was 0.1%.

WindowTotal returnCAGR
1M0.0%—
3M0.0%—
6M0.0%—
YTD0.0%—
1Y0.0%—
2Y CAGR—0.00%
3Y CAGR—0.00%
5Y CAGR—0.00%
Since inception (8 years)-0.7%-0.10%

USDC-USD key facts

Asset type
Crypto
Asset class
Crypto
Inception date
09/26/2018
Distribution frequency
None
Last close
$1.00 (as of 2026-10-25)
Market cap
$71,489,150,976
Average volume
12,649,602,811

How Dividend Vision calculates returns

Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

USDC-USD risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 0.1%.

Who may consider USDC-USD — and who may not

It is a weaker fit for investors who need monthly cash flow (USDC-USD does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on USDC-USD

Tagged: Crypto, Stablecoin.

Frequently asked questions

Does USDC-USD pay monthly?

No. USDC-USD does not currently distribute.

When does USDC-USD pay a dividend?

USDC-USD does not currently distribute.

How has USDC-USD performed?

Total return is -0.7% over the past 8 years, 198.8 points behind SPY at 198.1%. Over the past year its total return — price change plus distributions reinvested — is 0.0%. Its deepest 1-year drawdown was 0.1%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.