With rapid adoption, institutional support, and unparalleled liquidity, USDC is strengthening its role as the center of regulated digital finance and elevating its position as a global standard.
Circle’s USDC emerges as the cornerstone of a regulated digital currency framework
Growing institutional demand for regulated digital currencies continues to redefine the global financial landscape. Digital payments company Circle (NYSE: CRCL) shared in an October 9 blog post that its US dollar-backed stablecoin USDC forms the basis of the GENIUS Act framework, cementing its reputation as one of the world's most liquid and compliant stablecoins.
The Circle highlighted that regulated infrastructure and banking consolidation are helping it maintain leadership in a rapidly expanding sector, arguing that:
Many new stablecoins have entered the market, but replicating the scale, trust, and adoption of USDC has proven difficult.
The company noted that USDC currently has more than $75 billion in circulation, with daily trading volume regularly exceeding $10 billion.
Since 2018, Circle has processed over $1 trillion in fiat-to-digital transactions through its global network of systemically important banks, strengthening its risk management and liquidity position. The company added that compliance remains a hallmark of its operations, ensuring transparency and credibility for institutions around the world.
Circle described its technology platform as an engine that enables businesses and financial institutions to use stablecoins seamlessly. The company positions USDC as part of the “invisible plumbing” of the modern financial internet, facilitating 24-hour clearing and interoperability between payment systems. The circle concluded:
It is no longer practical to postpone developing a stablecoin strategy. Working with Circle is the fastest way to connect to the world's largest regulated stablecoin and drive payments innovation for banks, enterprises, and their customers.
However, proponents of decentralized stablecoins argue that open source alternatives can complement regulatory models by fostering diversity and innovation in the digital asset ecosystem.
