Partners interact entirely in fiat while Circle manages the complete digital asset lifecycle including USDC minting and burning, payment orchestration, compliance controls, and blockchain infrastructure, reducing the adoption barrier for institutions that lack crypto licenses or technical capacity.USDC has supported more than $70 trillion in total on-chain settlement since inception, with on-chain transaction volume approaching $12 trillion in the final quarter of 2025 alone, giving the network a scale foundation that new entrants join rather than build.Launch partners exploring the settlement use cases include global payment companies Veem, Thunes, and Worldline, with Circle managing the technical and regulatory complexity that has blocked most banks from accessing stablecoin rails directly.