Vibrant is built to keep your balance secure. Both the digital wallet Vibrant and USDC are built on the Stellar blockchain protocol, meaning that only you have control over the balance in your wallet. Additionally, your USDC balance is backed by dollar reserves in US financial institutions, and insured in the US.
USDC is one of the world's leading dollar stablecoin with USD 5.4 billion in circulation as of January 26, 2021. * It is issued by Circle, part of the Center Consortium, a partnership between Circle and Coinbase, which is audited monthly by accounting Grant Thornton LLP.