Circle challenges the banks and in minutes moves USD 68 million between 8 entities

In a move that seeks to mark the end of the era of banking waits, Circle has announced the successful implementation of its own technology for internal treasury management with the use of stablecoins.

The company began using USDC (the stablecoin they issue) through their Circle Mint platform to settle transactions between their eight corporate entities, managing to mobilize 68 million dollars practically instantly. The operation involves 11 transfer flows distributed among the participating entities.

Historically, large corporations have depended on bank transfer systemsin processes that are usually subject to opening hours, business days and settlement delays that range between one and three days.

By integrating USDC into its regular accounting flow, Circle has managed to reduce these wait times less than 30 minutesaccording to a tweet from Jeremy Allaire, co-founder and CEO of the company.

In terms of operational impact, Allaire reports that – thanks to this agility – 90% of its transfer pricing agreements are now completed in a single day, eliminating “cash in transit” and allowing for more precise capital management.

The manager highlights that the system maintains total control and complete audit capabilities, which facilitates internal movements, without depending on banking intermediaries conventional. For this reason, he sees this advance as a practical demonstration of how regulated stablecoins like USDC can accelerate corporate treasury processes.

But there are pending challenges to overcome

However, the move towards “programmable treasury” with USDC faces questions. Despite proven efficiency, mass adoption in companies not native to the cryptocurrency ecosystem yet finds important barriers.

Regulatory uncertainty in various jurisdictions and the natural resistance to change in financial departments, traditionally accustomed to the structure and control of commercial banking, continue to be the main challenges for this model to become widespread.

In this context, the struggle between banks and stablecoins is growing. Entities such as the European Central Bank have already expressed concern about the increase in the use of these cryptocurrencies. They wonder How this would affect the banks’ financing capacity and its ability to offer credits.

Despite this, adoption continues and stablecoins are beginning to be listed as new pieces for the movement of money at a corporate and even international level.

Hence, with the Circle Mint updates, scheduled for this same month of March 2026, Circle seeks to stop its administrative model from being an internal experiment and become the standard for any global business looking to optimize your capital.

The success that the Circle team celebrates after testing its payment infrastructure adds to the positive results it is having in terms of transaction volume. NoticiasVE reported this Friday that USDC has surpassed for two consecutive months in this aspect to its main rival, the USDT stablecoin, issued by Tether.

In this way, Circle proves that can replace slow and expensive fiat processespromoting greater adoption in global business finance where immediate liquidity and lower operating costs represent real competition to traditional banking systems.