USD Coin $USDC

Risks (0)

No findings at this severity.

Positive signals (4)

• PositiveCircle's website lists this mint as native Solana USDCwebsiteAI

  Circle's own Solana page identifies this token as native USDC issued by Circle, an SPL token redeemable 1:1 for US dollars through Circle Mint for qualified businesses. That matches the on-chain name and symbol. This is the regulated dollar token, not a community memecoin.

  Evidence

  • webhttps://www.circle.com/multi-chain-usdc/solana
    Show source

    Token Standard SPL Mainnet Address EPjF...Dt1v

  • webhttps://www.circle.com/multi-chain-usdc/solana
    Show source

    Yes, USDC on Solana is native to the Solana blockchain and can be found at this contract address.

  • webhttps://solscan.io/token/EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v
    Show source

    https://solscan.io/token/EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v

  • on-chainname = USD Coin, symbol = USDC, deployedAt = 2020-10-13T17:37:53.000Z

  Confirmed by: grok-4.7

• PositiveStandard SPL Token with no hidden transfer controlsotherAI

  The mint runs on the classic SPL Token program, not Token-2022. That means there is no permanent delegate, no transfer hook and no transfer fee. Token behaviour is the audited standard program; there is no custom code.

  Evidence

  • on-chaintokenProgram = SPL Token (TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA)
  • on-chaincontract.notes
    Show source

    no custom code: token logic is the standard SPL Token program

  Confirmed by: claude-opus-5.5

• PositiveBuy and sell both work with zero taxhoneypotAI

  A Jupiter round trip of 0.1 SOL showed about 0% loss and 0% buy/sell tax. A simulated sell by an existing holder succeeded.

  Evidence

  • forksell quote
    Show source

    sell quote: 9230761 tokens → 0.10000102 SOL; round-trip loss -0.00%

  • forksimulateTransaction
    Show source

    SELL of 9230761 raw tokens by existing holder CGM4BpGGQL6WiJgHDM3NvxtnAVkqw6jUZKgfu4avJE8T succeeds

  Confirmed by: claude-opus-5.5

• PositiveSupply is very widely spread; deployer holds nothingholdersAI

  The top 10 holders own only about 0.04% of supply, and there are more than 15,000 token accounts. The deployer wallet holds 0%. No single wallet controls meaningful supply.

  Evidence

  • on-chaintop10Pct = 0.0373
  • on-chaintoken.notes
    Show source

    Deployer 5TYZChz7APFopR5QirD5of4rQj1p9AXxeSAg6JndBdGj holds 0% now

  Confirmed by: claude-opus-5.5

Notes (5)

• InfoCircle multisig can mint new USDC (normal for a stablecoin)mintAI

  The mint authority is live and held by an SPL Token 2-of-4 multisig. It can create unlimited new USDC. For a regulated, fiat-backed stablecoin this is how supply tracks deposits and redemptions. It is disclosed centralization, not a scam signal. Holders rely on Circle's reserves and controls, not on the chain, for the 1:1 backing.

  Evidence

  • on-chainmintAuthority = BJE5MMbqXjVwjAF7oxwPYXnTXDyspzZyt4vwenNw5ruG
    Show source

    SPL Token multisig 2-of-4

  • on-chaincontract.notes
    Show source

    Well-known issuer: Circle (USDC). Live authorities are expected for this asset; treat them as disclosed centralization, not as a scam signal.

  • on-chainowner = BJE5MMbqXjVwjAF7oxwPYXnTXDyspzZyt4vwenNw5ruG
  • on-chainownerRenounced = false

  Confirmed by: claude-opus-5.5, grok-4.7

• InfoCircle multisig can freeze any USDC account for complianceblacklistAI

  The freeze authority is live and held by an SPL Token 2-of-4 multisig. It can freeze any holder's USDC account so that account cannot send or sell. Regulated stablecoins keep this power on purpose for sanctions and court orders, so it is expected here. It still means an individual holder can be frozen if the issuer decides to act.

  Evidence

  • on-chainfreezeAuthority = 7dGbd2QZcCKcTndnHcTL8q7SMVXAkp688NTQYwrRCrar
    Show source

    SPL Token multisig 2-of-4

  Confirmed by: claude-opus-5.5

• InfoToken name and logo can be changed by a 2-of-3 multisigotherAI

  The Metaplex metadata (name 'USD Coin', symbol 'USDC') is mutable. The update authority is an SPL Token 2-of-3 multisig. Changing it would need two of its three signers. This is low risk for an issuer-controlled asset.

  Evidence

  • on-chainmetadata mutable=true updateAuthority=2wmVCSfPxGPjrnMMn7rchp4uaeoTqN39mXFC2zhPdri9
    Show source

    SPL Token multisig 2-of-3

  Confirmed by: claude-opus-5.5

• InfoDeep liquidity across many independent DEX poolsliquidityAI

  USDC trades in many independent pools, including PumpSwap (~$22.5M), Raydium CLMM, Orca, PancakeSwap and Meteora. Pool LP is not burned, but these are third-party pools, not issuer-held liquidity. USDC's value rests on redemption with Circle, not on any single pool, so unburned LP is not a rug signal here.

  Evidence

  • on-chainPOOL PumpSwap 2uF4Xh61rDwxnG9woyxsVQP7zuA6kLFpb3NvnRQeoiSd quote=PUMP liquidityUsd=22512219 lpBurnedPct=0 lpLockedPct=0
  • on-chainPOOL Raydium CLMM HnhpJPJgBG2KwniMTNW8cVBHvk1hFog3RC3kjnyc23tD quote=CARDS liquidityUsd=3584319

  Confirmed by: claude-opus-5.5

• InfoNo official X account found; mentions on X are unrelated spamsocialAI

  No official X handle was provided. Posts that mention this contract are zero-engagement spam that falsely call Circle USDC a memecoin or airdrop, or a scanner bot flagging a paid DEXScreener listing. Those posts are not the issuer. Do not treat their links or paid-promo claim as facts about this token.

  Evidence

  • Xhttps://x.com/LizethMonArt/status/2117497445995450745
    Show source

    Discover USD Coin $USDC on Solana! Learn more about this memecoin and its crypto airdrop info

  • Xhttps://x.com/dex_kolwatcher/status/2116664646266740961
    Show source

    Detect PAID DEXScreener: $USDC

  • Xhttps://x.com/WeHave1DFacts/status/2116299748701258183
    Show source

    $iCoin just exploded! CA: EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v

  Confirmed by: grok-4.7