{"id":29915,"date":"2026-05-27T17:32:22","date_gmt":"2026-05-27T17:32:22","guid":{"rendered":"https:\/\/bitunikey.com\/news\/usdc-supply-jumps-2b-as-circle-expands-while-usdt-quietly-shrinks\/"},"modified":"2026-05-27T17:32:30","modified_gmt":"2026-05-27T17:32:30","slug":"usdc-supply-jumps-2b-as-circle-expands-while-usdt-quietly-shrinks","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/usdc-supply-jumps-2b-as-circle-expands-while-usdt-quietly-shrinks\/","title":{"rendered":"USDC supply jumps $2B as Circle expands, while USDT quietly shrinks"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p>Nium and Circle Technology Services have announced a partnership to link USDC-based settlement with local-currency payouts for institutions moving money across borders.<\/p>\n<div id=\"cn-block-summary-block_f7ce386a6f463bbc1f4d2d7cef480b5e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Nium joined Circle Payments Network as a global payout partner, giving institutions access to payouts across more than 190 countries and 100 currencies.<\/li>\n<li>The partnership connects USDC-powered settlement with Nium\u2019s last-mile delivery through local bank accounts, wallets, and cards.<\/li>\n<li>Circle\u2019s institutional stablecoin services have expanded after Luxembourg approval, with support for USDC, USDG, and EURI.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Nium said the deal brings it into the Circle Payments Network as a global payout partner, giving financial institutions on CPN access to Nium\u2019s payout infrastructure in more than 190 countries and 100 currencies.<\/p>\n<h2 class=\"wp-block-heading\">Nium joins Circle payments network<\/h2>\n<p>Under the partnership, Nium said that institutions using CPN can route payments via Circle\u2019s network into Nium\u2019s payout system with a single integration. The company said the setup includes FX optimization and smart routing, which reduces the need for firms to manage several local payout providers across different markets.<\/p>\n<p>Circle said its network provides regulated USDC-powered settlement with compliance controls for institutional users. Nium said its role is to handle last-mile delivery in local currencies through bank accounts, wallets, and cards.<\/p>\n<p>The companies said the partnership is designed to solve a long-running problem in cross-border payments, where fast settlement does not always lead to reliable local delivery. Through CPN, Nium said that institutions can avoid maintaining funds in multiple prefunded accounts across multiple payment corridors.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Stablecoin settlement meets local payouts<\/h2>\n<p>Prajit Nanu, founder and CEO of Nium, said the partnership combines Circle\u2019s regulated settlement instrument with Nium\u2019s payout reach.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cTraditional and on-chain payment rails are converging, and that convergence demands infrastructure that banks, fintechs, and global enterprises can rely on at scale,\u201d <\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.circle.com\/pressroom\/nium-and-circle-to-connect-usdc-settlement-with-global-payouts\" target=\"_blank\" rel=\"nofollow\">Nanu said<\/a>.<\/p>\n<\/blockquote>\n<p>Circle chief commercial officer Kash Razzaghi said financial institutions are looking to stablecoins to address payment problems that have remained costly and slow for years.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThrough our partnership with Nium and their integration into Circle Payments Network, we are extending USDC from a settlement instrument into a complete payments flow,\u201d<\/em> Razzaghi said.<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Circle expands regulated stablecoin services<\/h2>\n<p>The partnership comes as Circle continues to expand its institutional stablecoin services. As previously covered by crypto.news, Circle rolled out stablecoin settlement services for institutions after securing regulatory approval in Luxembourg.<\/p>\n<p>According to the report, the expansion followed Circle\u2019s April 15 registration as a Crypto Asset Service Provider with Luxembourg\u2019s financial regulator. The approval allows regulated conversion between fiat currencies and stablecoins for institutional clients.<\/p>\n<p>Support currently includes Circle\u2019s USDC, Paxos-issued USDG, and Banking Circle\u2019s euro-pegged EURI token. Banking Circle first introduced EURI in August 2024 before adding more stablecoin settlement options.<\/p>\n<p>Banking Circle said its infrastructure serves more than 750 payment firms, financial institutions, and marketplaces. The company also said it processes more than \u20ac1.5 trillion, or about $1.7 trillion, in annual transaction volume.<\/p>\n<p>Kirit Bhatia, Banking Circle\u2019s chief digital asset officer, said stablecoins are \u201ca natural extension\u201d of the bank\u2019s existing systems. In the same release, Bhatia said stablecoins can help lower costs and improve settlement efficiency.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nium and Circle Technology Services have announced a partnership to link USDC-based settlement with local-currency payouts for institutions moving money across borders. Summary Nium joined Circle Payments Network as a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":29916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=29915"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29915\/revisions"}],"predecessor-version":[{"id":29917,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29915\/revisions\/29917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/29916"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=29915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=29915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=29915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}