Circle Highlights USDC as Most Trusted Stablecoin in Regulated Financial Markets

CN
5 hours ago

Growing institutional demand for regulated digital currencies continues to redefine the global financial landscape. The digital payments firm Circle (NYSE: CRCL) shared in a blog post on Oct. 9 that its U.S. dollar-backed stablecoin, USDC, forms the foundation of the GENIUS Act framework, solidifying its reputation as one of the most liquid and compliant stablecoins worldwide.

Emphasizing that its regulated infrastructure and banking integrations have helped it maintain leadership in a rapidly expanding sector, Circle claimed:

Many new stablecoins have entered the market, but replicating USDC’s scale, trust, and adoption has proven difficult.

The firm noted that USDC now exceeds $75 billion in circulation, with daily trading volumes regularly topping $10 billion.

Since 2018, Circle has processed more than $1 trillion in fiat-to-digital transactions through its network of global systemically important banks, reinforcing its risk management and liquidity position. The company added that adherence to compliance remains a defining feature of its operations, ensuring transparency and reliability for institutions worldwide.

Circle described its technology platform as the engine that makes stablecoin use seamless for businesses and financial institutions. The firm positioned USDC as part of the “invisible plumbing” of the modern financial internet, facilitating round-the-clock settlement and interoperability across payment systems. Circle concluded:

It is no longer viable to put off forming a stablecoin strategy. Working with Circle is the fastest path to plug into the world’s largest regulated stablecoin to drive payments innovation for banks, businesses, and their customers.

Supporters of decentralized stablecoins, however, argue that open-source alternatives could complement regulated models by promoting diversity and innovation in the digital asset ecosystem.

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