Arc Mainnet to Launch September 16 with Major Validators

Circle's Arc Mainnet is set to launch on September 16, with an impressive cohort of founding validators including BlackRock, DTCC, Galaxy, Global Payments, ICE, Mastercard, MoneyGram, SBI Group, Standard Chartered, Sumitomo Corporation, and Visa. The network has already processed over half a billion testnet transactions, attracted nearly 3 million wallets, and onboarded 100+ partners on its private mainnet. The initial validator cohort is expected to help operate the network alongside Circle. The announcement came as part of Circle's Q2 results, which also noted the receipt of a federal trust bank charter.
OSL Integrates USDC Into StableHub in Asia
OSL, a Hong Kong-licensed digital asset platform, is bringing compliant USDC liquidity to Asia by integrating USDC into StableHub. Eligible clients gain access to USDC for exchange, custody, and settlement. Within approximately four months of launch, StableHub surpassed $100 million in USDC deposits.
Circle Mint Adds Six New Local Currency Rails
Circle Mint now supports direct local currency on/offramps in 8 currencies, helping eligible businesses move between local banking rails and USDC. Alongside existing USD and EUR support, newly added currencies include BRL (Brazilian Real), GBP (British Pound), HKD (Hong Kong Dollar), MXN (Mexican Peso), CNH (Offshore Chinese Yuan), and one additional currency, significantly expanding global access.
cirBTC Goes Live on Ethereum

cirBTC, Circle's wrapped Bitcoin product, is now live on Ethereum for all Circle Mint LLC customers. The underlying BTC is custodied by Circle National Trust, a federally chartered national trust bank and qualified custodian supervised by the OCC. Circle is building toward a unified workflow for minting and managing tokenized assets alongside USDC.
Standard Chartered Offers USDC Access in Dubai
Standard Chartered clients in Dubai's DIFC can now mint and redeem USDC through their existing banking relationships with the bank. Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, highlighted how eligible clients can access the regulated dollar stablecoin through a bank they already know and trust, bridging traditional finance and onchain dollars.
Goldsky Brings Nanopayment Data Queries to Agent Stack

Goldsky has integrated with Circle Agent Stack to let AI agents query curated blockchain data across 40+ EVM networks and pay per request via nanopayments starting at $0.000005 in USDC. No accounts, API keys, or subscriptions are required, making it a frictionless data layer for autonomous onchain agents.
USDCx on Miden Brings Private Stablecoin Transactions
USDCx, a native USDC-backed stablecoin issued by Miden via Circle's xReserve, is coming soon on the Miden network. Unlike standard USDC, USDCx on Miden will be private by default — users can hold and transact without publishing balances, counterparties, or payment history onchain. This marks a significant expansion of USDC into privacy-preserving blockchain environments.
Native USDC and CCTP Launch on X Layer
Native USDC and CCTP (Cross-Chain Transfer Protocol) are now live on X Layer, the Ethereum L2 from OKX. PSPs, fintechs, AI agents, and DeFi protocols on X Layer can now access USDC for use cases including collateral, trading, and payments. The integration extends USDC's reach across another major exchange-backed blockchain.
Circle Agent Stack Gains Discovery API

Circle Agent Stack now offers a Discovery API that gives builders programmatic access to a curated discovery layer for agentic services. Developers can query the full Agent Marketplace catalog through a single public endpoint with no API key, authentication, or Circle account required. The feature lowers the barrier for discovering and integrating agent-based services into applications.
Circle Gateway Adds ERC-1271 Support
Circle Gateway now supports ERC-1271, enabling smart contracts, smart wallets, and other applications to access unified USDC balances while preserving their existing authorization logic. Key benefits include:
- No delegate accounts required
- Existing policy controls preserved
- Expanded crosschain compatibility
The upgrade makes it easier for onchain applications to integrate USDC without modifying their security model.
Arc public testnet launched
Circle launches the public testnet for Arc, an open Layer-1 blockchain purpose-built for stablecoin finance, with backing from BlackRock, Visa, Mastercard, and other global financial institutions.
Circle launches Arc Mainnet
Circle's Arc blockchain mainnet goes live with founding validators including BlackRock, Mastercard, Visa, Standard Chartered, and other major financial institutions, after surpassing 500M testnet transactions and 3M wallets.
Circle goes public on the NYSE under ticker CRCL
Circle Internet Group completes its initial public offering on the New York Stock Exchange, pricing shares at $31 and raising approximately $1.05 billion in an upsized offering.
Circle launches cirBTC wrapped Bitcoin on Ethereum
Circle launches cirBTC, a wrapped Bitcoin product on Ethereum with custody by Circle National Trust, its federally chartered OCC-supervised trust bank.
Circle obtains NYDFS limited purpose trust charter
Circle received a limited purpose trust charter from the New York Department of Financial Services for Circle New York Trust, strengthening USDC's regulatory standing in New York.
Centre Consortium dissolved; Coinbase takes equity stake in Circle
Circle and Coinbase shut down the Centre Consortium, making Circle the sole issuer and governor of USDC. Coinbase acquires a minority equity stake in Circle.
USDC depegs after $3.3 billion in reserves trapped at Silicon Valley Bank
Circle discloses that $3.3 billion of USDC's reserves are stuck at the failed Silicon Valley Bank, causing USDC to break its dollar peg and fall as low as $0.87 before recovering after the FDIC intervention.
Circle and Concord mutually terminate SPAC merger
Circle and Concord Acquisition Corp mutually agree to terminate their proposed business combination, originally announced in July 2021 and amended in February 2022.
EURC euro-backed stablecoin launched
Circle launches EURC (originally Euro Coin), a fully-reserved, euro-pegged stablecoin issued under the same model as USDC, available first on Ethereum.
Circle raises $400 million from BlackRock, Fidelity, and others
Circle enters into an agreement for a $400 million funding round with investments from BlackRock, Fidelity Management and Research, Marshall Wace, and Fin Capital.
Circle announces SPAC merger with Concord Acquisition Corp at $4.5 billion valuation
Circle enters into a definitive business combination agreement with Concord Acquisition Corp to go public on the NYSE at a $4.5 billion valuation.
Circle raises $440 million in Series E funding
Circle closes a $440 million financing round from leading institutional and strategic investors to drive market expansion and growth.
Poloniex spun out of Circle
Circle spins out Poloniex into an independent company, Polo Digital Assets, Ltd., backed by an Asian investment group, as Circle refocuses on stablecoins and platform services.
USDC stablecoin launched via Centre Consortium with Coinbase
Circle and Coinbase co-found the Centre Consortium and launch USDC, a fully-reserved dollar-pegged stablecoin on Ethereum.
Circle acquires crypto exchange Poloniex for $400 million
Circle acquires Poloniex, one of the world's leading token exchanges at the time, as part of its vision to build a broad digital asset marketplace.
Circle founded by Jeremy Allaire and Sean Neville
Circle Internet Financial is founded in Boston, Massachusetts as a consumer finance company aiming to use the Bitcoin blockchain as a payments platform.