Catenaa, Monday, October 20, 2025- Analysts say Circle’s USDC could replace traditional currency in cross-border payments, tapping a $20 trillion market and driving major revenue through upcoming stablecoin infrastructure.
Circle Internet Group is positioned to lead the shift as regulated stablecoins move into mainstream finance. William Blair analysts said USDC could cut international transaction costs by up to 90% while supporting corporate treasury flows.
The report projects the stablecoin’s supply may nearly triple to $220 billion by 2027, capturing a third of the global market.
Circle’s upcoming products, including the Arc blockchain and Circle Payments Network, are expected to generate tens of billions in transaction revenue as adoption grows.
Analysts highlighted the firm’s regulatory compliance, liquidity, and integration with Coinbase, Binance, and traditional payment processors as drivers of sustained growth.
The report aligns with Bernstein’s view that regulated stablecoins will dominate the next growth cycle. Analysts said USDC could effectively supplant fiat for cross-border commerce, providing fast, low-cost settlement for global businesses.
Circle, which went public in June, closed trading Tuesday at $134.36, down from near $300 earlier in the month following US legislation establishing a federal framework for payment stablecoins.
Analysts also noted Coinbase could benefit from USDC adoption, earning revenue on every dollar of the stablecoin in circulation and gaining a long-term advantage in the crypto ecosystem.
