
The 22-year-old England international has signed a six-year deal and is town boss life Guardiola's eighth language.
Stones was earlier named in City's official Champions League squad, revealed on the Uefa web site before the transfer was confirmed.
"It's associate degree formidable club with a good manager therefore i can not wait to urge stuck in," aforesaid the previous Barnsley player.
"I realize it are going to be robust obtaining an area during this team, however i am determined to become the most effective player I will be and facilitate USA to success."
In a short statement, Everton confirmed they'd received a "record fee" for Stones, UN agency created ninety five appearances in 3 seasons, grading once.
Championship facet Barnsley, the Yorkshireman's initial club, can get between £7m and £9m from a sell-on clause.
Everton, meanwhile, have had a £12m bid accepted for Swansea centre-half Ashley Williams, 31.
The Toffees had rejected a £40m bid for Stones from Chelsea last summer and rejected the player's transfer request.
Brazil international David Luiz is that the costliest defender in history, connection French champions Paris St-Germain from Chelsea for £50m in 2014.
Last year, town created Raheem Sterling the foremost costly English player ever once he joined the club for £49m from urban center.
City have already signed Ilkay Gundogan, Nolito, Leroy Sane, archangel Logos, Marlos Moreno, Aaron Mooy and Oleksandr Zinchenko this summer.
Their initial Premier League fixture is reception to Sunderland on Saturday.
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Their statement represented Stones as "one of the world's most promising centre-backs" with a name as a "ball-playing, 21st-century defender".
City additionally claim he's at his best once "neutralising opposition attacks" and "launching the primary key pass out of the defensive third".
Guardiola said: "We wish to assist John show his quality with USA and improve on what he has already achieved. i prefer the means he plays the sport and i am trying forward to hospitable him into the squad."
City's director of soccer, Txiki Begiristain, aforesaid the club had "worked hard" to sign him and regard him as "one of the most effective central defenders in Europe".
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