circle05

what's circle?

Circle is a financial technology company that issues USDC, a regulated stablecoin pegged 1:1 to the US dollar, designed to provide stability and liquidity in the cryptocurrency ecosystem. Founded in 2013, Circle enables businesses and individuals to utilize digital currencies and blockchain technology for global payments, trading, commerce, and financial applications. Key features include full reserves backed by cash and short-term US Treasuries, monthly attestations for transparency, and native availability on over a dozen blockchains like Ethereum, Solana, and Base for seamless cross-chain transfers via CCTP. Circle's infrastructure supports institutional adoption, with recent expansions into new networks like Sei and Hyperliquid, and it achieved a landmark IPO in 2025, solidifying its position as a leader in the stablecoin market. The company emphasizes regulatory compliance and innovation, powering trillions in on-chain volume annually.

Snapshot

Circle launched OpenClaw wallet skill, supported Swiss stablecoin framework, and backed idOS token sale.

15MIN ago
ONCHAIN METRICS

Reached status as one of the leading issuers in the tokenized US Treasuries market, which surpassed $10 billion in total market capitalization.

6H ago
TOKEN ECONOMICS

Minted 750 million USDC on Solana within a 10-hour period ending on February 9, 2026.

9H ago
ONCHAIN METRICS

Became the 15th-largest holder of US treasuries.

13H ago
REGULATORY

Backed Federal Reserve's proposal for limited crypto payment accounts through the Blockchain Payments Consortium, arguing skinny master accounts increase payment system resilience.

OPINION SPECULATION

Suggested that Arc will become an operating system for AI agent economies with USDC as the currency of choice, potentially leading to increased tokenized fiat through Circle as trillions of agents transact.

15H ago
TOKEN ECONOMICS

Minted 250 million USDC on Solana on February 9, 2026.

22H ago
REGULATORY

Participating in White House meeting on February 10, 2026 with banks and crypto groups to discuss stablecoin rules and potential compromise on offering interest on stablecoins.

1D ago
PARTNERSHIP

Partners with Polymarket to migrate from bridged USDC.e on Polygon to Circle-issued Native USDC, improving transparency and capital efficiency for prediction market liquidity.

ONCHAIN METRICS

Holds 84.8% of the global stablecoin market share together with Tether as of February 2026.

3D ago
TECH EVENT

Launched Circle Wallet skill for OpenClaw, enabling agent-controlled wallets.

REGULATORY

Submitted response to Swiss Federal Council consultation supporting proposed stablecoin framework and calling for equivalence-based pathway for non-Swiss stablecoins.

ONCHAIN METRICS

USDC circulating supply remained relatively stagnant between May 2022 and January 2026, while competitor USDT grew to $187 billion during the same period.

4D ago
FINANCIAL EVENT

Backed the idOS network public token sale scheduled for February 25 to March 5, 2026 on Tally.

VISIBILITY EVENT

Participated in a stablecoins panel at the Duke Digital Assets Conference on February 5th, 2026, alongside leaders from Stripe and Stellar.

VISIBILITY EVENT

Offers $30,000 in prizes for an AI hackathon.

PARTNERSHIP

Integrated with Circle Payments Network (CPN) through Hecto Financial, providing access to global settlement infrastructure for cross-border payments using regulated stablecoins such as USDC.

5D ago
TOKEN ECONOMICS

Proposed allocation of portions of stablecoin reserves to community banks rather than concentrating reserves at large custodians

ONCHAIN METRICS

Native USDC holder count on Starknet increased by approximately 60% from the start of 2026 to February 4, 2026.

6D ago
WHALE ACTIVITY

Ark Invest purchased Circle stock on February 3, 2026.

1W ago
REGULATORY

New York prosecutors warned that the GENIUS Act could provide legal cover for stablecoin-related fraud and criticized Circle's cooperation with law enforcement.

TOKEN ECONOMICS

Minted 750,000,000 USDC within a one-hour period on 2026-02-02.

PARTNERSHIP

Integrated with PURCH token to enable AI agents to purchase goods and settle payments using USDC via Circle's payment rails.

FINANCIAL EVENT

Earnings call scheduled for February 26, 2026.

PARTNERSHIP

Operates as a Super Validator on Canton Network with a weight of 10, alongside Broadridge, Tradeweb, and Nasdaq. Has USDCx live on Canton via xReserve, with Citadel, DRW, and Virtu using it for Treasury financing.

ONCHAIN METRICS

EURC stablecoin market cap reached approximately $400 million in January 2026, representing a 300% year-over-year increase.

OPINION SPECULATION

Mizuho upgraded its outlook on Circle shares, citing Polymarket's use of USDC for settlement as a factor.

TECH EVENT

Launched crosschain forwarding service for CCTP on mainnet, automating destination-chain execution for CCTP transactions across Arbitrum, Avalanche, Base, Ethereum, HyperEVM, Ink, Linea, Monad, Optimism, Polygon, Sei, Sonic, Unichain, and World Chain.

ONCHAIN METRICS

CCTP transfer volume increased approximately 200% year-over-year.

PARTNERSHIP

Integrated with Saber to enable EU (EUR via SEPA) and India (INR via IMPS, RTGS, NEFT) payouts on Circle Payments Network, connecting stablecoins to local payment rails in Europe and India.

REGULATORY

Faces banking-level regulatory standards under the Digital Asset Market Clarity Act, which is currently in two Senate committees after passing the House.

PARTNERSHIP

Launched USDCx on Aleo mainnet via Circle xReserve, a USDC-backed stablecoin enabling privacy-preserving payments and confidential workflows on Aleo's blockchain.

2W ago
WHALE ACTIVITY

Experienced over 6x increase in whale activity for USDC during the week of January 19-23, 2026 compared to the previous week.

ONCHAIN METRICS

USYC reached approximately $1.7 billion market cap, becoming the largest tokenized money market fund (TMMF) in the market by surpassing Securitize's BUIDL TMMF.

OPINION SPECULATION

CEO Jeremy Allaire projects 40% annual stablecoin growth and states that virtually every major global bank is discussing USDC integration.

ONCHAIN METRICS

Generated $2.4 billion in revenue during 2025, ranking second among crypto projects according to CryptoRank data.

PARTNERSHIP

Hosts RWA and settlement infrastructure connected to BlackRock, Apollo, and Hamilton Lane.

3W ago
VISIBILITY EVENT

Supported World Build 2 Buenos Aires program, a joint initiative between Worldcoin and FWB to build Mini Apps for World App with 37 million users, alongside Alchemy, Bain Capital Crypto, BlockchainCapital, Coinfund, Dragonfly, Hashed, Nascent, Privy, Uniswap Foundation, Variant Fund, and Volta Capital.

PARTNERSHIP

Partnered with the Government of Bermuda and Coinbase to pilot a fully onchain national economy using USDC on Base, including stablecoin payments across government and local businesses.

ONCHAIN METRICS

Reached an average of approximately $53 billion in off-platform USDC balances during Q3 2025.

PARTNERSHIP

Integrated with Interactive Brokers (IBKR) to enable 24/7 account funding using USDC on Ethereum, Solana, and Base networks, powered by Zerohash infrastructure.

PARTNERSHIP

Integrated with Rosen to enable USDC payments and programmable wallet infrastructure for micro jobs platform serving users across more than 150 countries.

VISIBILITY EVENT

Hosting a lounge at the World Economic Forum in Davos starting January 20, 2026.

ONCHAIN METRICS

Generated $2.5 billion in revenue from USDC interest on treasury bonds.

ONCHAIN METRICS

USDC achieved >$50T in cumulative lifetime onchain settlement.

ONCHAIN METRICS

USDC holds ~40% share of total stablecoin transaction volume.

TOKEN ECONOMICS

Minted 1,000,000,000 USDC on Solana on 2026-01-14, bringing the total minted in 2026 to 4,250,000,000 USDC.

ONCHAIN METRICS

Ranks as the top application by TVL on Solana, hosting part of approximately $30 billion in total user assets across Solana applications as of January 2026.

ONCHAIN METRICS

USDC represents 0.34% of the M2 money supply.

1M ago
ONCHAIN METRICS

Received 1.35B USDC from Kraken through wallet DTQK7G since October 15, 2025.

PARTNERSHIP

partnered with Securitize and Xiaomi for institutional adoption and mass distribution

PARTNERSHIP

Participated as seed round investor in Catena Labs, an AI agent project co-founded by a Circle co-founder who remains on Circle's board.

MARKET ACTIVITY

Listed on Lighter perpetual futures trading platform with 10X leverage alongside MSTR and BNMR equity perpetuals.

ONCHAIN METRICS

Generated higher volume over the last 30 days ($18B) than Pumpfun ($16B) or Raydium ($12B).

TOKEN ECONOMICS

Bought back approximately 3% of total supply valued at $13M.

ONCHAIN METRICS

Ranked as the third-highest fee generating protocol in all of crypto over the past year, behind only Tether and Circle.

ONCHAIN METRICS

Powers 14+ launchpads and 420k+ tokens with a 20% revenue share per launch.

PARTNERSHIP

Collaborates with Jupiter for DTF launches with guaranteed liquidity on Meteora, following WET launch with more expected.

ONCHAIN METRICS

Processed over 4 billion lifetime transactions.

ONCHAIN METRICS

Achieved $4.6B in spot trading volume during Q3 2025, representing 75% quarter-over-quarter growth.

ONCHAIN METRICS

Achieved over 19,000% growth in perpetuals trading volume within 90 days during Q3 2025.

ONCHAIN METRICS

Reached approximately 824,000 daily active wallets, nearly double year-over-year.

OPINION SPECULATION

IPO is described by industry observers as a potential catalyst for increased institutional investor interest in crypto markets.

TECH EVENT

Launched StableFX in 2025, introducing onchain currency conversion with RFQ execution.

VISIBILITY EVENT

Highlighted by Messari in their 2025 report as a key beneficiary of stablecoin growth alongside USDC and settlement-optimized chains, with stablecoins positioned as the backbone of the onchain system.

TECH EVENT

Launched tokenized gold and silver swaps via USDC.

ONCHAIN METRICS

Grew 0.89% in market capitalization over the past 30 days.

PARTNERSHIP

USDC is available on Aptos blockchain as a native or bridged version.

PARTNERSHIP

Partnered with Intuit to integrate USDC capabilities across TurboTax, QuickBooks, and Credit Karma for refunds, remittances, savings, and payments functionality.

FINANCIAL EVENT

Announced Arc Builders Fund.

REGULATORY

Chose France as its European base to build a MiCA-compliant stablecoin platform.

PARTNERSHIP

Acquired Gateway DAO in 2025.

PARTNERSHIP

Acquired Malachite, a consensus engine provider, in 2025.

PARTNERSHIP

Acquired Hashnote, an RWA tokenization platform, in 2025.

PARTNERSHIP

Partners with Elliptic for blockchain risk intelligence, enabling network monitoring, anomaly detection, and AML-related controls.

PARTNERSHIP

Integrates Chainlink for sub-second oracle updates, rate limiting, and circuit breakers.

FINANCIAL EVENT

Led an $8 million strategic investment in Speed Inc., a payments infrastructure platform using Bitcoin Lightning Network and stablecoins.

VISIBILITY EVENT

Gordon Liao, Head of Research and Chief Economist, will speak at ETHDenver 2026.

PARTNERSHIP

Partnered with Visa to enable stablecoin settlement for US banks using USDC on Solana.

Kalshi launches native USDC support on Sei network for prediction market trading, with deposits and withdrawals available via Circle's CCTP.

Ark Invest buys Circle shares during the market dip.

Circle's stock ticker CRCL receives a banking license. (ID: 2000749849764094320)

The Axelar team reaches full vesting status over 3 years after the $AXL token launch.

Axelar Foundation and $AXL token remain independent under community governance with Common Prefix leading protocol development after the acquisition, as third-party commentary raises concerns about token value without Interop Labs' continued contribution.

Cross-Chain Transfer Protocol (CCTP) now processes more than 50% of all bridged traffic across major bridge providers, while the Interop Labs acquisition deal closes in early 2026.

Circle reports $354.7M quarterly stablecoin revenue with $74B USDC circulation, and discloses $448M in distribution payments to Coinbase confirming substantial revenue share arrangement.

Circle acquires Interop Labs, the core team and intellectual property behind Axelar Network, integrating cross-chain interoperability technology as part of its strategic expansion into onchain finance infrastructure.

Circle's total onchain supply across all products (USDC, USYC, EURC) reaches an all-time high of $78.9 billion.

JPMorgan launches $100M tokenized money-market fund MONY on Ethereum that allows investors to subscribe and redeem using USDC stablecoin through its Kinexys Digital Assets platform.

The US Office of the Comptroller of the Currency grants Circle conditional approval for a national trust bank charter, allowing it to join the US federal banking system alongside Fidelity Digital Assets, Ripple, Paxos, and BitGo.

Circle pilots USDCx, a privacy-preserving version of USDC built on Aleo using zero-knowledge technology that maintains compliance while offering bank-level privacy.

Circle pays 50%+ revenue share to distribution partners according to an analysis comparing its business model to competitors.

Circle reveals a 3-5 year roadmap for Agentic integration planning to support billions of agents using x402 protocol for stablecoin micropayments.

Circle provides grant and ongoing support to Surfcash, a Solana-based stablecoin neobank project using futarchy governance.

CCTP bridge quarterly transfer volume reaches $28.9 billion in Q3 '25, up 6.3x year-over-year.

USYC reaches $1.3 billion market cap, becoming the 2nd largest tokenized money market fund. EURC market cap grows 150% YTD to $367.4 million in December 2025.

The OCC grants Circle conditional approval for a national trust bank charter to establish First National Digital Currency Bank, advancing GENIUS Act compliance and USDC reserve infrastructure.

Circle partners with OpenMind to develop USDC-powered micropayment rails for robots and AI agents, building payment infrastructure for autonomous systems and machine-to-machine transactions.

USYC is the fastest growing tokenized fund over the past month.

Circle mints $500M USDC on Solana. OwlTing joins Circle Payments Network for B2B payments, remittances, and payroll with regulatory coverage across US, EU, and Asia.

Circle expands its regulatory footprint in the UAE and adds Cryptio to its Alliance Program for audit-ready back-office workflows supporting USDC activity and institutional compliance needs.