Copper partners with Circle
28 April 2025 US
Image: stock.adobe.com/ARAMYAN
Copper has partnered with Circle to help institutions to trade and settle in USD Coin, a cryptocurrency stablecoin pegged to the US Dollar.
The integration allows Copper’s clients to convert off-exchange balances into USDC and use the stablecoin for instant trading and settlement across connected exchanges.
During this process, assets will remain securely in custody via Copper’s ClearLoop.
Ben Lorente, strategic alliances director at Copper, comments: “Together, Copper and Circle are committed to providing flexible trading options with USDC that can be used within Copper ClearLoop which enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.”
Sanja Kon, vice president of partnerships and business development for Europe at Circle, adds: “Circle and Copper remain committed to building trusted infrastructure. This further integration of USDC into Copper’s platform will help streamline settlement and unlock new utility for USDC across exchanges.”
The integration allows Copper’s clients to convert off-exchange balances into USDC and use the stablecoin for instant trading and settlement across connected exchanges.
During this process, assets will remain securely in custody via Copper’s ClearLoop.
Ben Lorente, strategic alliances director at Copper, comments: “Together, Copper and Circle are committed to providing flexible trading options with USDC that can be used within Copper ClearLoop which enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.”
Sanja Kon, vice president of partnerships and business development for Europe at Circle, adds: “Circle and Copper remain committed to building trusted infrastructure. This further integration of USDC into Copper’s platform will help streamline settlement and unlock new utility for USDC across exchanges.”
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