Circle
Use case · Trading

A liquid foundation for institutional trading.

USDC, EURC, and USYC are the dominant settlement assets across leading venues. Pair them with StableFX for onchain currency exchange at scale.

The settlement layer for institutional trading.

Across the world's leading trading venues, USDC and EURC have become the default settlement assets — deep, liquid, and always-on. Desks can move in and out of positions without waiting for banking hours or tying up capital overnight.

Layer in USYC for yield-bearing collateral and StableFX for onchain currency exchange, and you have a complete, capital-efficient foundation for institutional trading.

  • Deepest stablecoin liquidity across major venues
  • T+0 settlement with no overnight banking delays
  • Yield-bearing USYC collateral and native onchain FX
01

Deep liquidity

Tightest spreads and deepest order books across all major venues.

02

Always-settled

T+0 settlement, no margin overnight, no banking delays.

03

Native FX

USDC ↔ EURC ↔ other onchain currencies via StableFX.

04

Yield-bearing collateral

USYC works as institutional yield-bearing margin.

Common use cases.

Exchange settlement

Settle trades instantly in USDC and EURC across venues.

OTC desks

Move large blocks with deep liquidity and tight spreads.

Collateral management

Post yield-bearing USYC as institutional margin.

Onchain FX

Swap USDC ↔ EURC and beyond via StableFX.

FAQ

Questions worth asking.

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