Are stablecoins safe to use?

Stablecoins are considered safe when they are properly backed by reserves and issued by reputable companies. Circle's USDC and EURC are fully backed by cash and short-term US Treasury bonds, verified by regular audits. The safety of a stablecoin depends on:

• The quality and transparency of its reserves

• Regulatory compliance

• The issuer's reputation and financial stability

• Regular independent audits