HaramCoins
USD Coin USDC
Stablecoin (USD-pegged)StatusScholars differ (doubtful)
Live price…
What it is
A regulated, more transparently-backed US-dollar stablecoin.
Why this assessment
More transparent reserves than some peers, but those reserves still earn interest, which keeps a riba concern alive even as the token itself is used simply as a stable medium of exchange.
Key considerations
This website is an educational resource, not a religious edict (fatwa). Qualified scholars differ on cryptocurrencies; the assessments here are based on widely-recognised principles of Islamic finance and are provided for learning only. Always consult a qualified scholar before making any decision, and remember that nothing here is financial advice.