> ## Documentation Index
> Fetch the complete documentation index at: https://developers.circle.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Liquidity services

> Access institutional-grade tools for minting USDC and EURC directly from Circle, executing stablecoin FX trades, and offering stablecoin-backed accounts to your business customers.

## What you can build

Circle provides institutional infrastructure for accessing digital currencies,
executing stablecoin FX trades, and enabling stablecoin-backed account services.
These tools enable banks, exchanges, payment providers, and fintechs to
integrate USDC and EURC into their operations at scale.

Key capabilities:

* **Direct USDC and EURC minting**: Access digital currencies directly from
  Circle, the sole issuer, with 1:1 redemption guarantees.
* **Institutional FX execution**: Execute stablecoin currency swaps with
  competitive rates from multiple liquidity providers.
* **24/7 settlement**: Trade and settle around the clock with sub-second
  finality on Arc blockchain.
* **Stablecoin-backed accounts**: Offer your business customers dedicated
  accounts with fiat deposits, crypto transfers, and Circle-managed custody.
* **Simplified operations**: Reduce reliance on multiple intermediaries and
  bilateral agreements with unified API access.

## Choose your product

These products are designed for institutional customers with different use
cases:

<CardGroup cols={3}>
  <Card title="Circle Mint" icon="building-columns" href="/circle-mint">
    Mint and redeem USDC and EURC directly from Circle. Manage funds securely
    and distribute them to crypto wallets globally, 24/7.
  </Card>

  <Card title="StableFX" icon="swap" href="/stablefx">
    Institutional-grade stablecoin FX engine built on Arc. Execute USDC and EURC
    trades with aggregated liquidity and smart contract settlement.
  </Card>

  <Card title="Digital Asset Accounts" icon="wallet" href="/digital-asset-accounts">
    Offer stablecoin-backed account capabilities to your business customers with
    fiat deposits, crypto transfers, and Circle-managed custody.
  </Card>
</CardGroup>

## Circle Mint

Circle Mint is the fastest and most cost-effective way for institutions to
access and redeem USDC and EURC. Your Circle Mint account allows you to manage
funds securely and distribute them worldwide using a web UI or API integration.

**Benefits:**

* Fiat funds from your bank account are automatically converted to USDC and EURC
* Participating banks offer instant settlement programs
* USDC and EURC can always be redeemed 1:1 for US dollars or Euros

**Who should use Circle Mint:**

* Exchanges and institutional traders
* Wallet providers and custodians
* Banks and payment service providers
* Consumer app companies requiring stablecoin infrastructure

<Note>
  Circle Mint is for institutional customers. [Contact
  Circle](https://www.circle.com/mint-contact) to learn more about accessing the
  platform.
</Note>

## StableFX

StableFX is an institutional-grade FX engine that combines Request-for-Quote
(RFQ) execution with onchain settlement. This permissioned platform is designed
for financial institutions including payment service providers, fintechs, crypto
OTC desks, and prime brokers.

**Key features:**

* **Aggregated liquidity**: Access competitive rates from multiple liquidity
  providers through a single API call
* **24/7 settlement**: Trade and settle around the clock with sub-second
  finality on Arc
* **Simplified operations**: Replace multiple bilateral agreements with one
  integration
* **Smart contract escrow**: Both sides of a trade settle simultaneously or not
  at all

**Common use cases:**

* Cross-border payment flows with real-time currency conversion
* Institutional treasury management and automated rebalancing
* Embedded FX liquidity services for platforms
* Next-generation remittance solutions with guaranteed settlement

<Note>
  Reach out to your [Circle representative](mailto:sales@circle.com) to get an
  API key for StableFX.
</Note>

## Digital Asset Accounts

Digital Asset Accounts enables distributors such as fintechs, platforms, and
marketplaces to offer stablecoin-backed account features to their business end
customers. Circle retains custody, compliance, and regulatory oversight under a
Direct End-User Custody model.

**Key features:**

* **Fiat deposits and withdrawals**: Fund accounts through wire transfers with
  automatic stablecoin minting and redemption
* **Crypto transfers**: Send and receive stablecoins to and from external
  blockchain addresses
* **Internal transfers**: Move funds instantly between sub-accounts with no
  blockchain fees
* **Custody balances**: Real-time balance visibility with Circle-managed custody

**Common use cases:**

* Fintech wallets with stablecoin-powered account experiences
* Marketplace payouts to sellers and service providers
* SMB financial operating systems with multi-currency support
* Cross-border B2B payment solutions

<Note>
  Reach out to your [Circle representative](mailto:sales@circle.com) to get API
  access for Digital Asset Accounts.
</Note>

## Dive deeper

* Learn about
  [Circle Mint core capabilities](/circle-mint/quickstarts/getting-started)
  including deposits, withdrawals, and transfers.
* Follow the [StableFX taker quickstart](/stablefx/quickstarts/fx-trade-taker)
  to request and execute your first USDC to EURC trade.
* Follow the [StableFX maker quickstart](/stablefx/quickstarts/fx-trade-maker)
  to fulfill trades and provide liquidity.
* Follow the
  [Digital Asset Accounts fiat funding quickstart](/digital-asset-accounts/quickstarts/fund-account-with-wire-deposit)
  to deposit fiat and verify your stablecoin balance.
* Explore
  [Circle Mint supported chains](/circle-mint/references/supported-chains-and-currencies),
  [StableFX supported currencies](/stablefx/references/supported-currencies),
  and
  [Digital Asset Accounts supported currencies and blockchains](/digital-asset-accounts/references/supported-currencies-and-blockchains).