WhatsApp and Telegram +44 7563 115980
[email protected]
Circle issues USDC and EURC. Circle Mint lets institutions convert bank money into USDC or EURC and redeem 1:1 back to a bank account, through a web console or API. It holds the widest set of licences in its own name of any provider assessed, but publishes no fee schedule and does not list USDT.
Circle Mint scores 4.0 out of 5 (79 out of 100) in the Buckingham Intelligence Stablecoin Settlement Index 2026 and ranks 1 of 14. It is strongest for minting and redeeming USDC at scale, with 5 out of 5 for licences, access and protection. Not published or not stated on the pages read: stablecoins and networks, fees and coins and rails.
Scores from the Stablecoin Settlement Index 2026.
| Segment | Score out of 100 | Rank |
|---|---|---|
| For receiving from buyers | 76 | 1 of 14 |
| For paying suppliers | 74 | 2 of 14 |
| For treasury and holding | 88 | 1 of 14 |
The score out of 5 is the overall score out of 100 divided by 20. Leader goes to the top three overall, Best for to the first in each segment, and Top rated for to a score of 5 out of 5 on a criterion. Awards cannot be bought.
Where it scores best, and where to check closely, as shown in each ranking.
Minting and redeeming USDC at scale.
What Circle Mint publishes on its own pages, read on 21 October 2026.
Circle issues USDC and EURC. Circle Mint lets institutions convert bank money into USDC or EURC and redeem 1:1 back to a bank account, through a web console or API. It holds the widest set of licences in its own name of any provider assessed, but publishes no fee schedule and does not list USDT.
| Fact | What the provider publishes |
|---|---|
| Legal status | US: 'Circle Internet Financial, LLC (NMLS ID# 1201441)'; New York 'Virtual Currency License, BL000042' and 'New York Money Transmitter License, MT104963'; First National Digital Currency Bank, N.A., operating as Circle National Trust, OCC 'Federal - Charter Number 25361'. |
| Licences | State licences listed for 46 states (45 money transmitter licences and a Georgia seller of payment instruments licence), Washington DC and Puerto Rico (California DFAL 'Application Pending'). France: Circle Internet Financial Europe SAS, ACPR 'Electronic Money Institution License No. 17788' and AMF 'Crypto-Asset Services Provider - Authorization No. E2026-005'. Singapore: 'Major Payment Institution License No. PS20200630'. UK: 'Financial Conduct Authority E-Money Issuer License, No. 900480'. Bermuda: DAB License No. 54786. ADGM: 'Financial Services Permission Number 250035'. |
| Stablecoins and networks | USDC, EURC and cirBTC. 'USDC is natively supported across 38 blockchain networks' (multi-chain page, June 2026). USDT not listed. |
| Bank rails | 'FedWire and SWIFT'; real-time rails 'RTP, SPEI, SEPA, and CHATS, in supported regions'; book transfers with a Circle settlement partner. |
| Fees | No fee schedule published. Business page: 'distributors can avoid extra fees'. Developer docs: 'Circle covers gas fees for outbound stablecoin transfers in most cases.' |
| Settlement | Mint: domestic wires received before the daily cutoff 'settle on the same business day'; international wires 1 to 3 business days. Redemption: payouts 'typically settle on the next business day.' |
| Access | 'Circle stablecoins are available to mint and redeem' in '185+ countries', with a linked list of eligible regions. 'Circle Mint is not available to individuals.' Web console and APIs. |
| Protection | US assets held at Circle National Trust, 'institutional-grade protection and asset segregation', 'structured to be bankruptcy remote'; 'not FDIC-insured'. Reserves: majority in the Circle Reserve Fund (USDXX), 'an SEC-registered 2a-7 government money market fund', with portfolio reporting published via BlackRock; remainder in cash, mostly at large banks; monthly assurance by 'a Big Four accounting firm'; holdings disclosed weekly. |
| Date read | 21 October 2026 |
A fact that is not published is scored as not offered or, for a fee, as if it were high. It is never estimated.
Facts read on 21 October 2026 from: circle.com/en/legal/licenses, circle.com/en/legal/us-licenses, circle.com/businesses, developers.circle.com/circle-mint/concepts/…, circle.com/transparency, circle.com/multi-chain-usdc.
Each score with the evidence behind it.
Each criterion is scored 0 to 5 against the best published offer in the Stablecoin Settlement Index. 0 means not offered or not published. How it is scored
The other providers in the same ranking, ordered by score.
| Provider | Score out of 5 | Rank | Strongest for |
|---|---|---|---|
| Bridge | 3.7 | 2 of 14 | Moving between stablecoins and local bank rails |
| Brale | 3.6 | 3 of 14 | US businesses wanting a full public price list |
| BVNK | 3.4 | 4 of 14 | Businesses needing US, EU and UK rails together |
| Paxos | 3.3 | 5 of 14 | Fee-free minting of USDG and PYUSD |
| Stripe | 3.1 | 6 of 14 | Taking stablecoin payments at checkout |
| Ramp | 3.0 | 7 of 14 | US firms paying suppliers in stablecoins at no fee |
| Bitso Business | 2.8 | 8 of 14 | Real-time payouts in Mexico and Brazil |
| Conduit | 2.5 | 9 of 14 | Emerging market firms needing USD accounts and payouts |
| Reap | 2.4 | 10 of 14 | Asian firms paying suppliers from USDC or USDT |
| MoonPay Enterprise | 2.0 | 11 of 14 | Platforms paying out stablecoins as local fiat |
| Revolut Business | 1.9 | 12 of 14 | Firms already banking with Revolut |
| Coinbase Business | 1.9 | 13 of 14 | US and Singapore firms invoicing in USDC |
| Triple-A | 1.1 | 14 of 14 | Merchants in Asia and Europe settling to IBAN |
Side by side on every criterion, fact and award.
Tell us what you need and where you operate.