exploited for fabrication of light-emitting devices, [5] and their remarkable electronic properties have been used in the fields of photovoltaics [6] and electronics. [5d,7] Low toxicity and the excellent biocompatibility of CDs encourage researchers to study the role of CDs in the biomedical field, and many bioimaging [8] and drug delivery [9] applications of CDs have been reported. The dependence of the optical properties of CDs on the presence of metal ions in dispersion has been exploited for cation detection applications. [10] Besides this, CDs have been demonstrated to be useful for energy storage, [11] photocatalysis, [12] electrochemical sensing, [13] electrochemiluminescence sensing, [13,14] sensing and killing microorganisms [15] including viruses, [16] and numerous other applications. Although there have been several lab-scale demonstrations of a variety of different applications of CDs, there are hardly any commercially available device based on CDs. [3] To commercialize CD-based devices/applications, stable and predictable PL emission is one of the most important requirements. In a few early studies of the properties of CDs, it was reported that the PL emission of CDs is photostable, that is, CDs are photostable. [17] Additionally, the PL quantum yield (QY) of CDs reported in early studies was very low, typically less than 10%, and emission was mostly understood to arise from the presence of surface functional groups. In recent years, due to improvements in synthesis methods and use of different raw materials, remarkable increases in the PL QY of CDs have been reported. [18] Often the bright PL emission from these CDs is comparable to that of molecular fluorophores. Molecule-like bright emission from CDs is often attributed to the presence of molecular fluorophores on the surface of CDs [19] or sometimes freely floating in dispersion due to poor purification. [20] This striking change in the optical properties gave rise to observations of other molecular features in CDs, like blinking and photobleaching.Despite hundreds of published studies exploring the synthesis, properties and application of CDs, there are relatively few reports that consider the photostability of CDs. Most reports that showed CDs to be photostable were carried out in the early years of the development of CDs, and, consequently, CDs are still considered to be photostable. However, there are also some more recent reports showing significant photobleaching of CDs. Here, we review published work on the photostability of CDs. It is noted that while there is a wide variation in the reported photostability of CDs, there is also a lack of homogeneous systematic studies. In most studies of photobleaching the geometry of the experiment (i.e., the Carbon dots (CDs) are a new class of materials which have been extensively studied due to their unique optical properties, low toxicity, and abundance of raw materials to synthesize them. In this minireview, it is highlighted that the stability of the optical properties of CDs is an important...