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Circle urges banks to shift from stablecoin pilots to full-scale production for real impact.

Market News
22 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Circle, the issuer of USDC stablecoin, is urging banks to move beyond pilot programs and adopt stablecoins at full production scale to truly understand their financial impact. Circle CEO Jeremy Allaire highlighted that banks need real operational data from large-scale deployments to make informed decisions. Despite growing interest, most US banks remain in exploratory phases, but initiatives like Visa's USDC settlement pilot are pushing the industry forward. Circle also encourages banks to partner with established stablecoin issuers rather than creating their own, citing the challenges of scale and compliance.

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