Circle and Safe Partner to Establish USDC as the Standard for Institutional Management

Safe, a leading multisig-based smart account platform securing $60 billion in digital assets, and Circle Internet Group (NYSE: CRCL), a global fintech company and stablecoin market leader, today announced a strategic partnership. Together, they will establish Safe as a premier institutional storage solution for USDC in self-custody and DeFi. This collaboration aims to solidify the role of USDC as the trusted currency for institutional treasury management in the next generation of onchain capital markets. 2.5 billion USD worth of USDC is currently held within Safe smart accounts, signifying market trust and a strong alignment between Circle’s regulated stablecoin and Safe’s enterprise-grade infrastructure.