Always on liquidity for always on markets
Circle powers today’s capital markets with compliant, real-time liquidity and trusted stablecoin infrastructure.
Trading without tradeoffs
Trading services
Offer regulated3 stablecoin pairs for fast remittances, real-time settlement, and always-on crypto-fiat conversion.
Market making
Access institutional-grade liquidity for conversion so you can quickly execute stablecoin-native market making at scale.
Collateral management
USYC4 offers stable, yield-bearing collateral with nearly instant convertibility to USDC — seamlessly balancing capital efficiency and on-demand liquidity.
USDC not only offers an efficient and secure medium of exchange, but also provides institutions with a pathway to confidently engage with digital assets while serving as an important mechanism for recycling risk capital.”
We are excited to further drive innovation by advancing the growth of the USDC ecosystem, its circulation, and global adoption.”
Exchanges
Streamline on/offramp operations and enhance trading volumes, liquidity depth, and user experience by listing regulated3 stablecoin trading pairs.
Traders
Execute smarter, faster strategies with real-time liquidity and near-instant settlements to maximize arbitrage and trading opportunities — free from traditional constraints.
Custodians & prime brokers
Simplify fund movements and collateral by offering fast stablecoin conversions and frictionless cross-chain transfers, and provide institutional-grade yield-bearing collateral with USYC.4
The platform that drives capital momentum
Powered by the world’s largest regulated3 digital dollar
Built for 24/7 markets, USDC helps firms execute trades in real time, optimize capital, and reduce settlement risk, all with full-reserve backing and institutional transparency.
Borderless by design. Near-instant by default.
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FAQs
With the help of Circle, you can make USDC the default currency that your customers use in crypto capital markets. This provides them with multiple advantages, including:
- Safety: The funds that back USDC are transparently held in cash and cash-equivalents while monthly attestations are released to show the amount of USDC reserves always exceed the amount of USDC in circulation. Circle holds money transmitter licenses in all relevant US jurisdictions, as well as relevant international licenses.
- Liquidity: USDC is one of the most widely used regulated stablecoins in the world. It is heavily used in decentralized finance applications and it is a trusted dollar-equivalent asset for institutional traders and finance professionals.
- Speed and low costs: You can convert dollars to USDC, and vice versa, near-instantly and for fractions of a cent. 24/7 USDC minting and redeeming is available through select banking partners.
Here are some of the key ways Circle’s access to crypto capital markets solution works for consumer finance apps, exchanges, DeFi protocols, and market makers.
- For consumer finance apps
- Enable users to hold USDC and other digital assets on your app by embedding Programmable Wallets.
- Use Circle Mint to provide fast, low-cost access to USDC for your customers.
- For exchanges
- Use Circle Mint to give fast, low-cost access to USDC for your customers.
- Enable more trading pairs with USDC.
- Allow users to bring funds onto your exchange via USDC.
- Encourage users to settle trades in USDC for safe storage of value.
- For DeFi protocols
- Make USDC the preferred stablecoin for finance activities on your platform.
- For market makers
- Use Circle Mint to provide fast, low-cost access to USDC for your customers.
- As of March 28, 2025
- From its launch in April 2023 to March 31, 2025, CCTP has handled approximately $41 billion in transfers.
- USDC is issued by regulated entities of Circle. A list of Circle’s regulatory authorizations can be found here.
- USYC is issued by Circle International Bermuda Limited, regulated by Bermuda Monetary Authority (BMA), and represents an interest in a Cayman Islands mutual fund licensed by Cayman Islands Monetary Authority (CIMA). Information about USYC is directed only to individuals and entities who are not US Persons, as defined in Regulation S under the Securities Act of 1933.
- Circle Mint and money transmission services are provided by Circle Internet Financial, LLC. Circle Internet Financial, LLC, NMLS # 1201441, is a licensed provider of money transmission services. A full list of Circle’s licenses can be found here.
- All-time volume represents the total amount of USDC onchain activity that took place between September 2018 and Apr 14, 2025 8:00 PM. This represents EVM token transfer volume on native and canonically bridged USDC on the following chains: Arbitrum, Avalanche, Base, Binance, Ethereum, Fantom, Linea, Mantle, OP Mainnet, Polygon PoS, ZKSync.
- Circulation last updated as of Apr 15, 2025 9:11 AM