How USDC is used today
Global access to dollars
The uses for USDC are as abundant
as those for fiat dollars. Today, most USDC activity is geared toward global access to dollars, digital asset markets, payments, and humanitarian aid.
Global access to dollars
Dollars are in high demand outside the U.S., for both commercial and personal use. The dollar comprises more than 90% of trade invoicing in Latin America, 74% in Asia Pacific, and 79% in the rest of the world outside of Europe.28 According to the U.S. Federal Reserve, more than $1 trillion in U.S. bills — and more than 60% of all $100 bills in existence — are held outside the U.S.29
USDC use outside the U.S. is buoyed in large part by these factors, along with its ease of access compared to traditional bank dollars. Throughout the year, we have partnered with established fintechs, neobanks, and other distributors that can now put USDC directly into the hands of their own customers around the world.
Nubank
Bringing USDC to customers across Latin America
What they do
Nubank is the world’s largest digital banking platform outside of Asia, serving over 105 million customers across Brazil, Mexico, and Colombia. The company has been leading an industry transformation by leveraging data and proprietary technology to develop innovative financial products and services. Guided by its mission to fight complexity and empower people, Nu caters to customers’ complete financial journey, promoting financial access and advancement with responsible lending and transparency. The company is powered by an efficient and scalable business model that combines low cost to serve with growing returns. Nubank’s impact has been recognized in multiple awards, including Time 100 Companies, Fast Company’s Most Innovative Companies, and Forbes World’s Best Banks.
How Circle and Nubank work together
In May 2024, Circle announced its launch in Brazil, Nubank’s home market. The launch includes a partnership with Nubank, in which the companies will work together to create digital asset products and enable near-instant, low-cost, and 24/7 access to USDC for Nubank’s users. Beyond accessing dollars as a store of value, Nubank users can transfer USDC to other wallets and will be increasingly able to use it in their day-to-day financial activities.
As Nubank continues to expand its reach across Latin America and beyond, USDC will be a cornerstone of our strategy to empower our customers with innovative financial solutions. Its stability, global reach, and commitment to regulatory compliance make it the ideal partner for us as we build a more inclusive and accessible financial future.”
GM of Crypto
Lemon
Lemon is a Latin American company that has emerged as a leader in the retail digital currency market. With direct operations in Argentina, Peru, and Brazil, Lemon also collaborates with partners to reach users in Mexico, Colombia, Uruguay, and Ecuador. Their primary offering is a virtual dual wallet that integrates traditional finance with digital currencies. The seamless exchange between local currency and crypto — including USDC — is further enhanced by additional weekly crypto earnings through the integration of DeFi protocols. The innovative Visa Lemon Card, available for Argentine users, offers global spending with Bitcoin cash back on every purchase. Taking their partnership a step further, Lemon and Visa are developing plans to expand the Lemon Card throughout the region. In addition, Peruvians can interact with the local payments system with fiat or crypto and send money via QR codes.
With over three million users in the region, the amount of USDC held by Lemon increased by 61% in the last 12 months. This reflects the rising demand for digital dollars. The growth highlights the importance of stablecoins and our ability to offer tailored solutions, enabling individuals in Latin America to manage their funds freely and without barriers.”
CFO
Chipper Cash
Avec plus de six millions d’utilisateurs enregistrés, Chipper Cash est l’une des plus grandes Fintechs d’Afrique. L’entreprise permet aux Africaines et Africains d’envoyer de l’argent sans les frictions et les frais habituellement rencontrés avec d’autres systèmes de paiement. Chipper tire parti de l’USDC pour une gestion de trésorerie efficace à l’échelle mondiale, optimisant et réduisant les coûts des règlements cross-border. Chipper propose une variété de produits, notamment des économies libellées en dollars pour les travailleurs locaux qui souhaitent convertir les salaires étrangers en USDC, des cartes Visa virtuelles qui peuvent être financées et dépensées au niveau local ou mondial, des investissements dans des fractions d’actions étrangères et des envois de fonds, entre autres. Chipper détient un portefeuille de 49 licences opérationnelles dans le monde, dont la plus récente est une licence de courtier négociant délivrée par la Ghanaian Securities and Exchange Commission. Circle et Chipper sont fiers d’être partenaires dans la fourniture de services financiers fiables et accessibles en Afrique et au-delà.
USDC serves as the critical settlement layer across Chipper Cash's technology platforms and an increasing number of our partners, enabling seamless 24/7 USD transfers and fostering broad interoperability.
By leveraging USDC on a shared ledger, we've dramatically improved our operational efficiency — real-time reconciliations, transparent fund tracing, and reduced transaction disputes have streamlined our internal liquidity processes. This efficiency is fundamental to both our growth strategy and commitment to users across Africa and beyond to provide robust and reliable financial services.”
Co-Founder and President
Digital asset markets
Digital asset markets
Digital asset markets saw major momentum and mainstream adoption growth during 2024.
With more jurisdictions around the world enacting clear regulations to govern market conduct, more digital asset exchanges are serving as compliant on-ramps for new users to access financial products with enhanced safety measures and robust consumer protection. USDC plays a growing role in these markets. As the most widely-used regulated stablecoin, USDC can remove risks for exchanges and their customers and serve as a liquid dollar base layer for trading, lending, storing value, and other activity.
Reflecting this growing public interest, the amount of USDC held on centralized digital asset exchanges around the world increased steadily throughout 2024. Greater institutional support for USDC trading and the launch of new USDC-linked products continues to enhance liquidity with regard to USDC trading against Bitcoin, Ether, and other digital currencies in both spot and leveraged products.
USDC open interest on leading centralized exchanges35
USDC balances held by select centralized exchanges36
USDC also plays a major role in decentralized finance (DeFi), where institutions tend to place a premium on safety and transparency. DeFi rebounded throughout 2024 as digital asset prices rose, reaching more than $126 billion in total value locked (TVL) through November 30, 2024.37 USDC built on historically strong usage in DeFi, attaining a 69% share of stablecoin trading volume through that same timeframe.38
USDC share of stablecoin trading volume in DeFi39
As more global jurisdictions enact digital asset market regulations, the demand for regulated stablecoins will grow. This is already evident in Europe, which passed its comprehensive MiCA framework during the summer of 2024. Traders in Europe are increasingly opting for regulated stablecoins,40 including USDC and EURC, which have been MiCA-compliant from day one. Throughout 2024, several exchanges in the region pre-emptively announced the delisting of non-compliant stablecoins in advance of the December 31, 2024 deadline for full compliance.41
Despite the lack of market structure regulations, mainstream adoption also accelerated in the U.S., driven in significant measure by the U.S. Securities and Exchange Commission (SEC) approving spot Bitcoin exchange-traded funds (ETFs),42 enabling asset managers to offer clients and customers access to the largest digital asset by market capitalization. The SEC followed this several months later by approving spot ETFs for Ether.43 Taken together, these ETFs give mainstream investors a highly regulated, transparent way to gain exposure to nearly $2.5 trillion in digital assets as of November 30, 2024. To date, at least 11 U.S.-based institutions have launched ETFs tied to Bitcoin or Ether, the two largest digital assets by market value.44
Although not directly used in these ETFs, Circle’s longstanding regulatory-first posture means USDC is benefitting from the broader digital asset market trends of greater regulatory clarity and integration into the global financial system. Major traditional investment platforms in the U.S. and around the world continue to expand their digital offerings, with USDC as the bridge that connects traditional and digital asset markets for their customers.
Coinbase
Coinbase provides a trusted platform that makes it easy for people and institutions to engage with digital assets, including trading, staking, safekeeping, spending, and fast, free global transfers. USDC plays a major role at Coinbase, comprising a significant share of trading liquidity and collateral. In 2023, Coinbase launched Base, an Ethereum Layer 2 blockchain that enables USDC transactions in less than a second, at a cost of less than a penny. This year, Base saw notable adoption growth and USDC — as the leading stablecoin on Base — was a key part of that surge. Coinbase also offers a range of other services that can make it easy for more people to access and start using USDC.
Stablecoins are transforming the global financial landscape by fostering greater openness and inclusivity. The ongoing expansion of USDC circulation will enhance economic freedom worldwide, setting a new standard for the industry based on trust and transparency. We are excited to further drive innovation by advancing the growth of the USDC ecosystem, its circulation, and global adoption.”
Vice President of Corporate and Business Development
Bullish
En mettant l’accent sur le développement de produits et de services pour le secteur des actifs numériques institutionnels, Bullish a réinventé la plateforme d’échange traditionnelle au profit des détenteurs d’actifs, aider les traders et accroître la transparence du marché. Soutenue par la trésorerie bien capitalisée du groupe, la bourse centralisée de Bullish combine un carnet d’ordres à cours limité central (CLOB) à haute performance avec une technologie automated market maker AMM) propriétaire pour fournir une liquidité importante et des marges étroites, le tout, dans un cadre conforme et réglementé.
Lancé en novembre 2021, la plateforme d’échange est disponible dans plus de 50 juridictions sélectionnées en Asie-Pacifique, en Europe, en Afrique et en Amérique latine. Bullish fonctionne comme une plateforme d’échange à réserve complète et donne la priorité à la conformité et à la protection des actifs des clients grâce à des mesures de sécurité robustes et à une surveillance réglementaire. La plateforme d’échange Bullish est gérée par Bullish (GI) Limited et est réglementée par la Gibraltar Financial Services Commission. Bullish a introduit l’USDC en 2021 et répertorie actuellement plus de 50 paires de trading d’USDC sur les marchés au comptant et de produits dérivés.
The introduction of robust regulatory regimes around the world is opening up the crypto market to existing diversified financial services players. USDC not only offers an efficient and secure medium of exchange, but also provides institutions with a pathway to confidently engage with digital assets while serving as an important mechanism for recycling risk capital.”
Head of Institutional
dYdX
One of the largest and most successful protocols in decentralized finance (DeFi), dYdX was founded by Antonio Juliano in 2017 and originally introduced on Ethereum mainnet, before building a Layer 2 scaling solution with Starkware, an Ethereum Layer 2, in 2020. Recognizing the need for lower fees and faster speeds, dYdX began exploring alternate infrastructure and in 2023 relaunched their services on Cosmos, a highly modular ecosystem that makes it possible for services like dYdX to build and operate their own blockchain. Every trade made on dYdX settles near-instantly in USDC. Circle’s Cross-Chain Transfer Protocol (CCTP) provides an easy way for users to bring native USDC liquidity to Cosmos from other blockchain ecosystems. CCTP is a permissionless on-chain utility that facilitates USDC transfers securely between blockchains via native burning and minting. CCTP makes it simple for users to connect wallets and deposit USDC from Ethereum and other supported networks. Read more about Circle, dYdX, and Cosmos.
Thanks to the team at Circle, dYdX Chain has processed over $10 billion in trading volume since being deployed. This is a massive feat that could not have been achieved without the innovations of Cosmos-native USDC and CCTP. At dYdX, we are incredibly thankful for the continued innovation at Circle, as well as their commitment to ensuring user safety and reliability.”
Founder
Payments
Payments
USDC is helping to drive the evolution of global payments, from merchant flows to remittances and business-to-business payments.
Il est bien placé pour contribuer à la réduction des coûts et au renforcement de la concurrence dans le cadre du mouvement de 150 billions de dollars de transactions cross-border49. Les réseaux blockchain peuvent apporter une mise à niveau significative à l’infrastructure fragmentée vieille de plusieurs décennies qui prend en charge ces flux aujourd’hui en remplaçant les multiples intermédiaires et les bases de données cloisonnées par une technologie optimisée, toujours active et interopérable capable de transférer de la valeur à toute personne disposant d’une connexion Internet.
Les paiements des entreprises sont particulièrement susceptibles d’être perturbés. Ces paiements sont déjà en train de passer à des alternatives numériques, et cette croissance devrait se poursuivre dans les années à venir50. L’USDC peut aider à tirer pleinement parti des avantages des paiements numériques, puisqu’il voyage sans intermédiaires via des registres de blockchain ouverts et partagés.
This year, Circle has taken significant strides to position USDC to take advantage of this trend in major markets around the world where digital dollars are in high demand. Businesses in the U.S., Brazil, Mexico, the EEA, Singapore, and Hong Kong can now leverage Circle’s bank partnerships to pay other businesses in these markets in USDC. Recipients that bank with our banking partners can easily convert these funds into local currency — all within minutes.
Ces marchés représentent certains des corridors les plus actifs du monde pour le commerce mondial. À titre d’exemple, le commerce bilatéral entre les États-Unis et le Mexique représente à lui seul plus de 800 milliards de dollars par an51 .5 Au Brésil, 95 % des 640 milliards de dollars du commerce extérieur annuel de produits du pays se font en dollars américains52 .
Nous nous attendons à ce que de nouveaux partenariats bancaires continuent d’améliorer la liquidité mondiale et l’utilité des paiements de l’USDC, ouvrant ainsi la voie à une utilisation accrue pour les commerçants, les fournisseurs, le commerce, les envois de fonds, le système de paie, les paiements intersociétés et d’autres types de paiement.
Changing the shape of retail — globally
In Brazil, entrepreneurs have built a business that uses USDC to help turn recycled plastic into fashion.
Worldpay
What they do
Worldpay powers businesses of all sizes to make, take, and manage payments. They are a global leader in financial technology with unique capabilities to power omni-commerce. Whether online, in-store or mobile, Worldpay is at the heart of great commerce experiences in 146 countries and across 135 currencies. They help their customers become more efficient, more secure and more successful.
How Worldpay works with Circle
In 2022, Worldpay became the first global merchant acquirer to offer direct USDC settlement, enabling merchants all around the world to tap into rising stablecoin payment volume and offer customers of crypto-native and traditional businesses with new ways to pay. Worldpay’s adoption of USDC also enables businesses to build a fit-for-purpose treasury strategy that caters to their preferred currency for conducting business. Worldpay customers are no longer constrained by payment service providers offering a fiat-only ecosystem and can instead leverage an innovative adoption of crypto payment rails to directly receive, hold, and transfer stablecoins in a fast and efficient manner.
This year, as digital asset markets rebounded, Worldpay was well positioned to capitalize on the upswing of retail interest. In addition to enabling card-to-crypto purchases and crypto-to-card withdrawals for several major exchanges, they offer streamlined treasury management with USDC settlement. Worldpay customers can receive USDC from their customers instead of fiat and settle these funds over the weekend, outside of traditional banking hours, to help optimize working capital.
Partnering with Circle allows Worldpay to bring new innovative, scalable digital payment solutions to our merchants. Our partnership enhances transaction efficiency while expanding access to secure, on-chain transactions to our customers. USDC settlement allows our merchants to position themselves at the forefront of digital finance, where they can tap into the benefits of fast, efficient settlement.
As we look to 2025, Worldpay is excited about the opportunity with Circle to continue growing an ecosystem where even more players can tap into the advantages that stablecoins offer.”
SVP, Head of FinTech Growth & Financial Partnerships
Mastercard
Mastercard travaille avec des entreprises et des gouvernements du monde entier dans le domaine des paiements et plus encore afin d’améliorer la vie des milliards de personnes qu’elle sert. Depuis plus de 60 ans, Mastercard est à la pointe de la technologie visant à rendre les paiements plus simples, plus intelligents et plus sûrs. Son réseau mondial permet de faire progresser l’écosystème des paiements en tirant parti des technologies pour créer des liens plus solides et intégrer davantage de personnes à l’économie numérique.
Le partenariat de Mastercard avec Circle entre dans sa cinquième année. En 2021, Mastercard a annoncé qu’elle permettait aux émetteurs et à ses partenaires de cartes cryptographiques d’utiliser plus facilement l’USDC pour régler les obligations découlant des transactions sur le réseau Mastercard53. La même fonctionnalité a ensuite été étendue pour aider les acquéreurs qui souhaitent payer les commerçants en USDC. Actuellement, des millions de dollars sont en cours de règlement à l’aide de cette solution disponible à la fois pour les émetteurs et les acquéreurs.
En outre, l’année dernière, Mastercard a introduit un produit de carte qui permet de dépenser les USDC détenus dans des portefeuilles en auto-garde dans plus de 100 millions de lieux acceptant les cartes Mastercard54.
At Mastercard, we strive to meet consumers and our customers where they are. Customers and co-brands operating in the digital assets space prefer dealing with stablecoins including USDC given their business models and we would like them to have a choice of settlement mechanism with our network. Our partnership with Circle will continue to evolve to support our mission to make payments simpler, smarter and safer.”
Senior Vice President of Blockchain & Digital Assets
Hear from our partners
At MetaMask we could not be more pleased to be collaborating with Mastercard and Circle. We set out to create a solution where users could pay directly from their MetaMask accounts anywhere Mastercard is accepted, and in collaboration with these invaluable partners, we achieved that last summer. While a monumental step forward for better, faster payment services, we believe this is just the first step in a new era of financial inclusion - and we look forward to continuing to build it together.”
Card Strategy Lead, MetaMask
Standard Chartered and Zodia Markets
Zodia Markets is the institution-first digital asset brokerage providing a wide range of services for clients across the globe, including OTC trading and on-chain FX. Born out of SC Ventures, the innovation arm of Standard Chartered, and Asia’s leading digital asset company, OSL Group; Zodia Markets supports over 50 digital assets and in excess of 20 fiat currencies. The firm’s institutional focus and unique relationship with Standard Chartered puts it at the center of corporate, cross-border payment use cases for USDC, particularly in emerging markets. Clients include multinational commodity companies and other businesses seeking accelerated growth via faster and cheaper ways to move dollars across borders.
Standard Chartered is a well-capitalized global bank that is a leading shareholder in Zodia Markets and plays a key role in the convergence of digital assets and traditional finance. With a rich history and diversified portfolio of business lines, Standard Chartered understands how to foster sustainable growth for businesses and individuals around the world. In 2023, it became one of the banks to hold a portion of the cash that backs the USDC reserve. It also helps make USDC easier to access in high demand markets by facilitating local minting in Singapore. Circle’s partnership with Standard Chartered means Zodia Markets can mint and burn USDC almost instantly, and clients have the opportunity to on- and off-ramp into global payment flows in minutes.
MoneyGram
MoneyGram est l’une des principales sociétés de technologie financière au monde, qui permet depuis 80 ans aux particuliers et aux entreprises du monde entier d’envoyer de l’argent plus rapidement et plus efficacement. Aujourd’hui, ses services couvrent plus de 200 pays et territoires et couvrent plus de 150 millions de consommateurs qui peuvent choisir la manière dont ils envoient de l’argent : en ligne, via leur application mobile très appréciée ou dans l’un des 440 000 emplacements.
MoneyGram utilise l’USDC sur la blockchain Stellar pour faciliter les mouvements du dollar à l’échelle d’Internet, ainsi que la possibilité de retirer des fonds dans 180 pays et d’accéder à l’USDC dans plus de 30 pays. En 2024, MoneyGram a lancé MoneyGram® Wallet, un portefeuille numérique non dépositaire qui utilise l’USDC pour faciliter les envois de fonds entre particuliers. Leur approche des envois de fonds est mondiale plutôt que régionale, tirant parti de leur présence mondiale et de décennies d’expertise. MoneyGram a déjà connecté les États-Unis au Brésil et au Mexique, et prévoit de mettre en place des couloirs de paiement supplémentaires.
At MoneyGram, we see tremendous potential in USDC and our partnership with Circle to enhance the speed, transparency and accessibility of cross-border transactions. Our aim is to empower communities around the world with greater financial inclusion.
Open blockchain networks represent a pivotal step forward in the evolution of the global money movement and enable us to meet the growing expectations of our digitally savvy customers.
By leveraging blockchain technology and stablecoins like USDC, MoneyGram is at the forefront of innovation, bridging traditional and digital financial ecosystems with the ability to interoperate between digital assets and local currency.”
Head of Partnerships for MoneyGram Access
Stripe
Stripe is a technology company that builds financial infrastructure for the internet. Businesses of every size — from new startups to public companies — use Stripe’s software to accept payments and manage their businesses online. Stripe’s business customers processed $1 trillion in total payment volume in 2023. One of the world’s most innovative companies, Stripe was an early crypto payments adopter. In 2022, they began offering USDC as a payout option for platforms, and in 2024 they enabled merchants to accept stablecoin payments with USDC on the Ethereum, Solana, and Polygon blockchains.
Humanitarian aid
Humanitarian aid
In some of the world’s most remote and hard-to-reach areas, humanitarian organizations often resort to physically transporting pallets of cash across borders to facilitate cross-border payments.
This method of disbursing aid is unreliable, costly, inefficient, and vulnerable to corruption. USDC is beginning to transform this landscape, offering a more effective and secure alternative for some of the world’s leading humanitarian aid agencies.
By providing a fast, transparent, and efficient way to transfer value directly over the internet across the world with little more than a mobile device and a digital wallet, USDC can bridge this seemingly intractable divide. It can enable aid organizations to channel support to those who need it most, with unmatched speed, lower cost, and high degrees of auditability and trust, which are cornerstones of humanitarian work.
Entrepreneurs around the world are also turning to USDC to build the next generation of humanitarian aid services. Circle fosters this entrepreneurial community through Unlocking Impact, a series of pitch competitions that bring together the humanitarian, corporate, and technology sectors to devise new USDC use cases that address the UN’s Sustainable Development Goals (SDGs).
In the Fall of 2024, we held our fourth and fifth Unlocking Impact pitch competitions during the United Nations General Assembly and the Annual Meetings of the International Monetary Fund and World Bank. Winners included Kshetra and Decaf, startups that use USDC to create payments and remittance services that drive financial inclusion.
Digital dollars fuel economic sustainability
Agroforestry, a farming community in South America, uses USDC to support its eco-friendly agriculture projects
UNHCR, the UN Refugee Agency
Aujourd’hui, plus de 120 millions de personnes sont délogées dans le monde, soit un chiffre proche de la population totale du Japon. Pourtant, les perspectives pour les personnes délogées sont de plus en plus sombres, car les persécutions, les conflits, la violence et les violations des droits humains se multiplient.
Le HCR, l’Agence des Nations Unies pour les réfugiés, mène une action internationale visant à protéger les personnes contraintes de fuir leur foyer en raison de conflits et de persécutions. Le HCR fournit une assistance vitale sous forme d’abris, de nourriture et d’eau, contribue à la protection des droits humains fondamentaux et développe des solutions qui garantissent aux personnes un endroit sûr où se sentir chez elles, où elles peuvent construire un avenir meilleur.
La distribution de l’aide aux personnes délogées pose de sérieux défis. L’accès aux services bancaires peut s’avérer impossible, en particulier dans les pays en proie à la guerre et à l’instabilité. La monnaie locale peut être instable et difficile à utiliser en dehors du pays où elle est émise, ce qui la rend moins précieuse pour les personnes qui ont été contraintes de se mettre en sécurité au-delà des frontières. Le risque de perte ou de vol d’argent est élevé, ce qui constitue un autre problème majeur pour les personnes qui n’ont pas de point d’attache.
Dans le cadre de leurs programmes d’aide en espèces, le HCR et Circle ont lancé en décembre 2022 un programme visant à distribuer des dollars numériques sans frontières sous forme d’USDC à un groupe de personnes délogées par la guerre en Ukraine. Cet argent est transféré via la blockchain Stellar directement dans le portefeuille numérique du destinataire, accessible quasi instantanément via un portefeuille numérique sur son propre smartphone, avec des solutions d’encaissement entièrement intégrées et conformément aux exigences réglementaires.
Le succès de cette solution en Ukraine a conduit à sa mise à l’échelle et à sa mise en œuvre dans d’autres zones géographiques. En Argentine, par exemple, l’introduction de ce système alimenté par la blockchain peut contribuer à préserver la valeur de l’aide en espèces contre la forte inflation et la dévaluation de la monnaie du pays, améliorant ainsi de manière significative le pouvoir d’achat et la portée de l’aide apportée aux personnes délogées en Amérique latine.
How UNHCR works with Circle
By leveraging blockchain technology and USDC, a stablecoin issued by Circle, this solution enhances transparency for donors and traceability for humanitarian aid recipients and stakeholders. The integration of digital wallets and direct access to financial ecosystems makes aid easily accessible, even for those without traditional bank accounts. This approach empowers refugees by sustaining their livelihoods, fostering financial and digital inclusion, and enabling them to contribute to the economies of their host countries and beyond, across borders.
Blockchain technology can transform humanitarian assistance by enabling real-time, transparent, and accountable aid distribution. There is strong optimism about further leveraging blockchain and cryptocurrency to support the most vulnerable, including forcibly displaced people.”
Treasurer
Goodwall
Goodwall was founded by brothers Taha and Omar Bawa, whose parents worked at the United Nations. While traveling with their parents to refugee camps, they observed disparities in opportunities and grew up motivated to close this gap. One billion people are expected to enter the workforce by 2030, with 90% from developing economies. In response to this, the brothers founded Goodwall, the company that acts as a powerful social community that connects this growing talent pool and helps them cultivate skills critical to future employment.
With more than two billion people, Gen Z is the largest generation in history, but employers and brands struggle to engage with them authentically and at scale. Goodwall offers companies from Microsoft to Accenture — along with governments and the United Nations — a platform to attract, engage, and build the Gen Z talent and consumer pipelines at scale, reaching 100M+ youth over the last 12 months. All actions from their users — picking up bottles from a beach, for example — are verified by geo-tagged photos and videos, and then rewarded on the platform.
How Goodwall works with Circle
Goodwall chose USDC to conduct payouts due to its efficiency, cost, and reach as well as the widespread demand for dollars in developing markets. The Bawa brothers reached more than 90 million people in 170 countries in 2023. Nearly 3 million people are registered to begin upleveling their career skills and earning USDC for environmental impact actions.
Launching last fall, Goodwall is collaborating with Arbitrum to implement Circle’s Programmable Wallets, aiming to bank the unbanked and connect youth worldwide to the global digital economy. Goodwall anticipates issuing USDC payments to more than 50,000 beneficiaries over the upcoming year through this initiative.
Ensuro
Ensuro is an innovative insurance provider that leverages blockchain technology and smart contracts to revolutionize the insurance industry, making it both more capital efficient and inclusive. Founded by Marco Mirabella, Guillermo Narvaja, Luca Mungo and Giacomo della Torre, Ensuro is driven by a mission to extend coverage to people and businesses traditionally overlooked by large insurers due to profitability constraints.
The company’s low fixed-cost base, enabled by blockchain efficiencies, allows it to offer policies to underserved markets. While other insurers have experimented with smart contracts, they remained reliant on conventional payment systems, which proved too slow and expensive. By utilizing USDC, Ensuro ensures policyholders receive claim payments in minutes, a transformative benefit, especially for those who are financially vulnerable.
2025 State of the USDC Economy report
“Technological Change.” Our World in Data. Retrieved from: https://ourworldindata.org/technology-adoption#internet-access-technology
“Demand for U.S Banknotes at Home and Abroad: A Post-Covid Update.” Board of Governors of the Federal Reserve System Ruth Judson. March 2024
Figures as of Q3 2024.
Figures as of Q3 2024.
Figures as of Q3 2024.
As of October 17, 2024
Represents data for the 12 month period from Sept 30, 2023 to Sept 30, 2024
Internal Circle data from Binance, OKX and Bybit. Open interest refers to activity in derivatives markets. Time period reflected is January 1, 2024 through November 30, 2024.
Internal Circle data from Binance, OKX and Bybit. Time period reflected is January 1, 2024 through November 30, 2024.
Internal Circle data.
Internal Circle data. Time period reflected is January 1, 2024 through November 30, 2024.
“USDC leads demand for regulated stablecoins.” Kaiko. August 7, 2024
“Coinbase to Delist Unauthorized Stablecoins in EU by December.” CoinDesk. Camomile Shumba. October 4, 2024
“SEC Approves Bitcoin ETFs for Everyday Investors.” The Wall Street Journal. Vicky Ge Huang and Paul Kiernan. January 10, 2024
“US SEC approves first spot ether ETFs to start trading Tuesday.” Reuters. July 22, 2024
“Cryptocurrency Markets.” JP Morgan North America Equity Research. October 1, 2024
Represents data for the 12 month period from Sept 30, 2023 to Sept 30, 2024
As of October 23, 2024
As of October 23, 2024
USDC flow via IBC from Noble to dYdX includes USDC flows via CCTP using the forward module. Represents data for the 12 month period from October 1, 2023 to September 30, 2024.
“2025 World Payments Report.” CapGemini
“Brazil's massive goods foreign trade is in US dollars but there are incipient deals in Euros and Reais.” Merco Press. March 13, 2024
“Mastercard creates simplified payments card offering for cryptocurrency companies.” Mastercard. July 20, 2021
“Inside the making of a self-custody Web3 card for a Web2 world.” Mastercard. August 14, 2024
2024 calendar year through to September 30, 2024
2024 calendar year through to September 30, 2024
COVID-19 Boosted the Adoption of Digital Financial Services.” World Bank Group. July 21, 2022
Cette communication marketing est émise par Circle Internet Financial Europe SAS, un établissement de monnaie électronique agréé sous le n° 17788 et un prestataire de services d’actifs numériques (DASP) enregistré en France sous le n° E2024-111.
Les livres blancs relatifs aux jetons de monnaie électronique (EMT) que nous émettons dans l’Espace économique européen (EEE) sont publiés et disponibles sur notre site Web. Les titulaires de jetons de monnaie électronique (EMT) ont le droit de rachat auprès de l’émetteur à tout moment et à leur valeur nominale.