USDC (EVK Vault eUSDC-100)
USDCFrequently asked
Is USDC (EVK Vault eUSDC-100) FDIC or SIPC insured?
No. USDC (EVK Vault eUSDC-100) is a crypto earn product, not a bank deposit — the USDC is held and deployed by euler-v2, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~9% yield come from?
USDC (EVK Vault eUSDC-100) deploys the deposited USDC to generate the rate; it is variable, not fixed.
Is USDC safe?
USDC scores A/92 on StableLens compliance, and aligns with the GENIUS Act framework. That is a methodology classification, not a guarantee — see the USDC report for reserves, attestations, and peg history.
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