USDC (Circle)

This token is currently classified as Halal based on its role as a digital payment and settlement token in principle.

USDC is presently treated as halal in principle because it functions primarily as a digital payment, transfer, and settlement token rather than an inherently prohibited financial instrument. The Shariah assessment concerns the token’s use as a medium of exchange and store of value within digital markets. Any separate interest-based earning model, lending arrangement, or non-compliant financial use involving USDC would require independent review.