Tokenized Repo

Repo liquidity without the cutoff

Instantly settled repo using USDC and Arc, available 24/7, so capital is never left idle. Built for banks, asset managers, hedge funds, prime brokers, and treasurers.

Woman working at computerTrading dashboard showing repo positions

Benefits & features

Run repo on rails that never close

Close funding gaps and keep capital moving at any hour, any day. Bring your own tokenized collateral, and let USDC and Arc handle the funding and settlement.

Repo, whenever you need it

Arc and USDC operate 24/7, with no dependency on Fedwire or fixed settlement batches.

Capital that doesn’t sit idle

Freed capital redeploys immediately instead of waiting on the next settlement window or sitting in excess buffers.

Settlement you can rely on

With Arc, both legs can settle in under a second — final and irreversible.

Intraday repo

Put freed capital back to work immediately

When a repo unwinds mid-morning, freed capital sits idle until the next settlement batch. Using your own tokenized collateral against USDC, both legs can settle on Arc in under a second. Capital is freed immediately, ready to redeploy.

Workers collaboratingTrading dashboard showing cash received
Weekend repo

Stay liquid through the weekend

When Fedwire closes Friday, firms must lock in terms early, over-collateralize, or skip the trade. Arc operates 24/7. Bring your own tokenized collateral, open against USDC, earn yield, and unwind on your schedule, not the market's.

Man working on computer Trading dashboard showing scheduled unwind
Repo capabilities

The funding and settlement stack

USDC and Arc operate independently — or together. Bring your own tokenized collateral. No cutoffs.

USDC as the funding asset, fully backed and redeemable 1:1

Sub-second settlement on Arc, or continue settling on your existing chain

Repo terms enforced automatically through smart contracts onchain

24/7 continuous operation, independent of business hours and cutoffs

Why Circle

The infrastructure repo demands

The largest regulated1 digital dollar

USDC is fully backed by cash equivalents, 1:1 redeemable, and managed transparently with monthly Big Four attestations.

Instant settlement finality

Arc delivers final, irreversible settlement in under a second with predictable, dollar-denominated fees.

Opt In privacy2

Keep sensitive balances and transactions private, while still giving auditors and regulators the access they need.

Use only what you need

Use USDC, Arc, or both — independently or together. Bring your own tokenized collateral.

Demonstrated in a live pilot

Circle, DTCC, and major banks and trading firms settled tokenized Treasuries against USDC near-instantly, on a Saturday.

Institutional-grade infrastructure, proven at scale

$
0.00
T
All-time USDC transaction volume
en date du September 27, 2026
$
75.24
B
USDC in circulation
en date du September 24, 2026
13
Settlement banking partners worldwide
#1
Largest regulated1 stablecoin in the world, USDC.

Bring always-on repo liquidity to your institution

Talk to our team and start settling repo trades at any hour, any day, using USDC and Arc.

1. USDC is issued by regulated affiliates of Circle. See Circle’s list of regulatory authorizations at circle.com/legal/licenses.

2. Arc’s privacy features reflect a proposed design that includes selective shielding of certain onchain data elements. The scope, functionality, and rollout timeline of the Arc privacy features are subject to change and may be modified, delayed, limited, or discontinued at any time in the sole discretion of Arc Network Services LLC. See https://www.arc.io/privacy-whitepaper for more.

Arc is an open L1 blockchain launched by Arc Network Services LLC ("Arc LLC") and operated by a permissioned validator set. Arc LLC provides software services only and does not offer regulated financial or advisory services. Arc has not been reviewed or approved by the New York State Department of Financial Services or any other regulatory authority.

The Arc network is provided "as is" and "as available." Use of Arc involves inherent risks associated with blockchain technology, including smart contract vulnerabilities, network disruptions, and the absence of recourse for transaction errors or losses. The ability to transact on Arc depends on the ability to obtain and use USDC to pay gas fees. Neither Arc LLC nor any permissioned validator is responsible for the content, accuracy, legality, or functionality of third-party applications, protocols, or services built on or integrated with Arc. You are solely responsible for features or services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws.

All Arc features may be modified, delayed, or cancelled at any time without notice. Nothing herein constitutes a commitment, warranty, guarantee or legal, regulatory, tax, or investment advice.