Circle Internet Group Partners with Safe to Expand Institutional USDC Storage

CRCL
October 15, 2025
Circle Internet Group (CRCL) announced on 2025‑10‑15 a strategic partnership with Safe, the leading multisig‑based smart account platform, to position Safe as a premier institutional storage solution for USDC in self‑custody and DeFi. The partnership formalizes Safe’s role as a trusted infrastructure for USDC treasury management and aims to deepen product integrations and streamline workflows for institutional holders. The deal highlights that $2.5 billion USDC is currently held in Safe smart accounts, underscoring the trust institutions place in Circle’s regulated stablecoin. Safe has processed $1 trillion in transaction volume across its smart accounts, with Q1 2025 volumes reaching $189.6 billion and 116.7 million transactions, illustrating the scale of activity that will now be anchored to USDC. By embedding USDC at the core of Safe’s ecosystem, Circle expands its reach into institutional treasury operations, DAOs, crypto‑native funds, and Fortune 500 companies exploring crypto. The partnership is expected to increase USDC usage in on‑chain capital markets and could generate additional reserve income and fee revenue for Circle as more institutional capital flows into the stablecoin. The collaboration signals a strategic shift toward deeper institutional adoption of Circle’s stablecoin, potentially boosting Circle’s market share in the regulated stablecoin space and reinforcing its position as a leading provider of secure, programmable digital dollar infrastructure. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.