{"id":888976,"date":"2026-01-30T23:11:45","date_gmt":"2026-01-31T05:11:45","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/30\/circle-targets-banks-with-new-enterprise-blockchain-can-it-win\/"},"modified":"2026-01-30T23:11:45","modified_gmt":"2026-01-31T05:11:45","slug":"circle-targets-banks-with-new-enterprise-blockchain-can-it-win","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/30\/circle-targets-banks-with-new-enterprise-blockchain-can-it-win\/","title":{"rendered":"Circle Targets Banks With New Enterprise Blockchain \u2014 Can It Win?"},"content":{"rendered":"
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Crypto Journalist<\/p>\n

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Anas Hassan<\/p>\n

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Crypto Journalist<\/p>\n

Anas Hassan<\/span>\"Verified\"<\/span>\n <\/p>\n<\/p><\/div>\n

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Part of the Team Since<\/p>\n

Jun 2025<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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About Author<\/p>\n

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

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Last updated:\u00a0<\/p>\n

\"Circle<\/p>\n

Circle Internet Group has unveiled an aggressive 2026 roadmap<\/a> centered on Arc, its Layer-1 blockchain designed to serve as an \u201cEconomic Operating System<\/em><\/strong>\u201d for global finance.<\/p>\n

The company aims to push Arc from testnet toward production while scaling its Circle Payments Network and StableFX applications to capture enterprise market share in stablecoin-powered settlement.<\/p>\n

The strategy comes as Circle faces mounting competition from Tether, which generated $5.2 billion in revenue during 2025<\/a> and now controls 60.1% of the $311 billion stablecoin market<\/a> through USDT<\/a>.<\/p>\n

Circle\u2019s USDC holds 24.2% market share at $72.4 billion circulation, trailing significantly despite 108% year-over-year growth.<\/p>\n

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We\u2019re building toward an internet financial system through Arc, USDC, Circle Payments Network, and our interoperability services that connect them.
The goal is simple: make money movement and value exchange efficient, programmable, and accessible worldwide. Read our product\u2026<\/p>\n

\u2014 Nikhil Chandhok (@chandhok) January 29, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Arc Testnet Processes 150M Transactions<\/strong><\/h2>\n

Arc\u2019s public testnet has processed more than 150 million transactions since launching in October 2025, with close to 1.5 million transacting wallets and average settlement times around 0.5 seconds, according to Circle\u2019s latest product update.<\/p>\n

The network attracted over 100 institutional participants, including BlackRock, Goldman Sachs, BNY Mellon, Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, and Visa during its first 90 days.<\/p>\n

Circle Chief Product & Technology Officer Nikhil Chandhok said the company is working toward production readiness by \u201cevolving the validator set toward greater distribution<\/em>\u201d and \u201cstanding up a governance model that aligns with institutional risk and compliance expectations.<\/em>\u201c<\/p>\n

The blockchain uses USDC<\/a> as its native gas token and provides deterministic sub-second finality specifically designed for regulated financial operations.<\/p>\n

The company has integrated Arc with its Cross-Chain Transfer Protocol, which now connects 19 blockchains and has processed $126 billion in cumulative volume as of December 2025.<\/p>\n

Circle introduced Gateway, a chain-agnostic system that unifies USDC balances across networks, and launched Build, a suite of AI developer tools alongside App Kits, to accelerate application development.<\/p>\n

\"Circle
Source: Circle<\/figcaption><\/figure>\n

Tether\u2019s Dominance and Federal Push Pressure Circle\u2019s Market Position<\/strong><\/h2>\n

Circle\u2019s enterprise offensive unfolds as Tether expands beyond stablecoins into traditional finance, recently accumulating 140 tons of gold worth $23 billion<\/a> and launching USAT<\/a>, a federally regulated stablecoin under America\u2019s new GENIUS Act framework.<\/p>\n

Tether CEO Paolo Ardoino told Bloomberg that the company is \u201csoon becoming basically one of the biggest, let\u2019s say, gold central banks in the world,<\/em>\u201d while buying more than a ton per week.<\/p>\n

Tether emerged as the most profitable crypto entity in 2025, capturing 41.9% of all stablecoin-related revenue and maintaining its position as the third-largest digital asset globally at $186.8 billion market value.<\/p>\n

\"Circle
Source: Coingecko<\/figcaption><\/figure>\n

The company holds more U.S. Treasuries than Germany, South Korea, or Australia, cementing its role as a macroeconomic participant.<\/p>\n

Meanwhile, Circle\u2019s Circle Payments Network has enrolled 29 financial institutions since launching in May 2025, with 55 undergoing eligibility reviews and 500 in the pipeline.<\/p>\n

The network operates across eight countries and reached $3.4 billion in annualized transaction volumes, partnering with Binance, Corpay, FIS, Fiserv, and OKX.<\/p>\n

Major Financial Institutions Signal Blockchain Settlement Shift<\/strong><\/h2>\n

BlackRock is staffing up for its next crypto expansion phase<\/a>, posting digital asset roles across New York, London, and Singapore with managing director positions offering up to $350,000 annually.<\/p>\n

The asset manager accepted its tokenized BUIDL fund as collateral at Binance and identified Bitcoin exposure as a core portfolio building block for 2025.<\/p>\n

Visa also announced<\/a> in December 2025 that it will allow U.S. financial institutions to settle transactions using USDC on Solana, offering \u201cseven-day availability and improved resilience during weekends and holidays.<\/em>\u201c<\/p>\n

Initial participants, Cross River Bank and Lead Bank, are already settling with Visa in USDC, with a broader U.S. rollout planned through 2026.<\/p>\n

\u201cFinancial institutions are preparing to use stablecoins as part of their treasury operations,<\/em>\u201d said Rubail Birwadker, Visa\u2019s Global Head of Growth Products and Strategic Partnerships.<\/p>\n

The payments giant is serving as a design partner for Arc and plans to operate a validator node once the blockchain launches.<\/p>\n

<\/figure>\n

Circle\u2019s partnership strategy extends to Asia, where the company signed a memorandum of understanding with LianLian Global<\/a> in December 2025 to explore stablecoin-backed payment infrastructure for international merchants.<\/p>\n

The collaboration will assess how USDC can \u201csupport faster and more resilient transactions especially in high-volume international payment flows,<\/em>\u201d according to the announcement.<\/p>\n

The company\u2019s tokenized money market fund, USYC, expanded more than 200% since June 2025 to approximately $1.6 billion in assets as of January 2026, while StableFX launched on Arc testnet to enable 24\/7 institutional stablecoin foreign exchange trading.<\/p>\n

Circle reported $214 million net income for Q3 2025<\/a> as USDC circulation surged to $73.7 billion.<\/p>\n

Chandhok emphasized that Arc and the broader platform aim to make \u201cvalue moves with the same openness, reliability, determinism, and speed as information,<\/em>\u201d positioning Circle to compete as stablecoins become \u201cthe connective tissue of the global digital economy.<\/em>\u201c<\/p>\n

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\n Joan Lupo<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan Part of the Team Since Jun 2025 About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Last updated:\u00a0 January 30, 2026 Circle Internet Group has unveiled an aggressive 2026 roadmap centered<\/p>\n","protected":false},"author":1,"featured_media":888977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29261,4695],"tags":[],"class_list":{"0":"post-888976","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-circle","8":"category-targets"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/888976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=888976"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/888976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/888977"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=888976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=888976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=888976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}