cirBTC Goes Live on Ethereum with Chainlink Proof of Reserve
cirBTC, Circle's 1:1 BTC-backed wrapped Bitcoin token, is now live on Ethereum for all Circle Mint LLC customers. The underlying BTC is segregated under designated custody at Circle National Trust, a federally chartered national trust bank and qualified custodian supervised by the OCC. Native Arc support will follow at mainnet launch.
- Designed for tokenized BTC transparency: segregated custody, disclosed reserve addresses, Chainlink Proof of Reserve, and onchain reserve data.
- Circles is building toward a unified workflow for minting and managing tokenized assets alongside USDC.
CCTP Adds Native EURC Burn-and-Mint Transfers
Circle's CCTP now supports native EURC burn-and-mint transfers between Ethereum and Base, extending the protocol's trust layer beyond USDC. Developers can move EURC across these chains through a single CCTP integration, broadening the assets supported by the crosschain infrastructure.
- Native EURC burn-and-mint is now live on Ethereum and Base
- Expands CCTP's crosschain capabilities beyond USDC
- One integration unlocks additional asset movement for developers
Circle President Testifies Before Congress on Dollar Leadership
Circle President Heath Tarbert testified before Congress today, advocating for U.S. policy that protects the dollar's dominant global role and ensures American leadership in next-generation financial infrastructure. Tarbert's appearance underscores Circle's deepening engagement with policymakers as stablecoins and blockchain-based payments gain mainstream attention.
The testimony comes amid ongoing U.S. legislative debates around stablecoin regulation and the country's competitive position in digital finance.
Codexa Adds USDC Settlement for Brazilian Trade
Codexa, a regulated trade platform, is bringing programmable settlement to international trade by adding USDC alongside SWIFT. The integration lets Brazilian importers and exporters settle transactions faster and with more flexibility through Circle Mint, all within a regulated trade environment.
- USDC is offered as an alternative to traditional SWIFT settlement for cross-border trade.
- The move targets faster, more flexible settlement for Brazilian trade participants.
Circle and OKX Expand USDC Liquidity Across Trading Markets

Circle and OKX are collaborating to expand USDC liquidity and trading utility across OKX's platform. The partnership supports broader access to USDC-denominated markets spanning spot, margin, and futures trading.
The move broadens access to dollar-backed stablecoin markets as digital asset trading scales. No financial terms or timeline were disclosed in the announcement.
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.
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.
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.