Circle Research.
Original research on stablecoins, payments infrastructure, monetary policy, and the macro state of onchain finance.
Rigorous research on the new financial system.
Circle Research produces original, data-driven analysis on stablecoins, payments infrastructure, monetary policy, and the macro state of onchain finance. Our work informs regulators, institutions, and builders making decisions about the future of money.
From the quarterly Stablecoin Index to deep policy papers, we publish the data and frameworks the industry needs to mature responsibly.
- Quarterly Stablecoin Index on adoption and volume
- Annual State of USDC report
- Policy papers and weekly market signal briefs
Stablecoin Index
Quarterly data on adoption, volume, and supply across networks.
State of USDC
Annual report on USDC's role in the global financial system.
Policy papers
Recommendations for regulators on stablecoins and digital assets.
Market signals
Weekly briefs on onchain activity and stablecoin flows.
Questions worth asking.
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