Circle publishes USDC treasury workflow for settlement and controls

• —The Oct. 21, 2026 guide covers use-case selection, governance, bank linking, wallet address books, testing and reconciliation
• —Circle advises treating wallet addresses like approved bank beneficiaries with dual verification before sending funds
• —Circle's own treasury settled $68 million across 11 flows and eight entities in 30 minutes
• —USDC traded at $0.9997 with a $72.41 billion market cap; it is not a bank deposit and carries no deposit insurance