Circle’s USDC to Fuel NYSE’s 24/7 Tokenized Trading Platform
Circle’s USDC will fund tokenized equities on the NYSE’s new Digital Trading Platform, replacing the T+1 settlement cycle with 24/7 continuous trading. The MOU with Securitize authorizes development of blockchain infrastructure for stocks, ETFs and commodities using USD-pegged stablecoins, leveraging recent SEC clarity on crypto assets.
1. Partnership Overview
Securitize signed a Memorandum of Understanding with the New York Stock Exchange to support NYSE’s new Digital Trading Platform, focusing on converting real-world assets into blockchain-based tokens. The collaboration will establish regulatory, operational, and technology requirements for tokenized securities infrastructure.
2. Trading Infrastructure Changes
The platform aims to replace the existing T+1 settlement cycle with continuous 24/7 trading, using USD-pegged stablecoins such as USDC and Tether for funding. This will enable stocks, ETFs and commodities to trade and serve as collateral on blockchain networks.
3. Implications for Circle
Circle’s USDC is positioned as the primary stablecoin funding vehicle for tokenized securities, potentially boosting transaction volumes and fee revenue. Recent SEC guidance affirming crypto assets’ utility provides regulatory certainty for tokenized equities and DeFi integration.