Argentina USDC partnership on October 21, 2026: What it means for the USDC price
Published on 10/23/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSArgentina access and network scale
- Allaria partnered with Circle on October 21, 2026, to expand institutional USDC access in Argentina.
- Circle reported more than 36 trillion USD in USDC onchain settlement volume during the first half of 2026.
- The USDC price stands at 1.0010 USD as of October 23, 2026.
- European Banking Authority oversight of USDC reserves is scheduled to begin on November 12, 2026.
USDC (USDC) gained a new Argentine market channel on October 21, 2026, when Allaria partnered with Circle to expand institutional access to the stablecoin. According to CryptoNews.net, Allaria Digital will offer USDC and Argentine peso quotes to eligible participants, while the USDC price remains close to its dollar peg.
Allaria adds USDC and peso quotes
The agreement connects Allaria's existing trading infrastructure with USDC access in Argentina. CryptoNews.net reported on October 21, 2026, that the arrangement is intended to improve local liquidity and make it easier for institutions to buy and sell USDC.
EconoTimes reported on October 21, 2026, that Grupo BIND's BEN platform had integrated Circle technology for treasury operations, cross-border payments and digital asset transactions. BEN lists a 0.35 percent tariff for local-currency purchases and sales, while the tariff applies to those transactions generally rather than specifically to USDC.
USDC settlement volume reaches 36 trillion USD
Circle reported more than 36 trillion USD in USDC onchain transaction volume during the first half of 2026. Blockchain.news said on October 16, 2026, that Circle also reported more than 315 billion USD in USDC minting and redemption volume during the period.
A separate study published on October 20, 2026, found that stablecoins moved more than 400 million USD per hour in the third quarter, with 73 percent of analyzed activity outside U.S. banking hours. Gate.com reported that a 200 USD USDC transfer on Base cost 86 percent less than traditional remittance rails. A separate regulatory timetable also applies: Yahoo Finance reported that direct European Banking Authority supervision of USDC reserves, liquidity and recovery plans begins on November 12, 2026.
USDC market data stays near the dollar peg
USDC trades at 1.0010 USD as of October 23, 2026, according to Investing.com. The daily high is 1.0010 USD and the daily low is 1.0009 USD for the UTC day. Market capitalization is 72.15 billion USD, ranking USDC sixth, while 24-hour volume is 14.05 billion USD. Circulating supply is 72.16 billion USDC.
USDC by the numbers on October 23, 2026
- Cryptocurrency: USDC
- Ticker: USDC
- Price (as of October 23, 2026): 1.0010 USD
- Daily high / daily low (UTC day): 1.0010 USD / 1.0009 USD
- Market capitalization: 72.15 billion USD (rank 6)
- 24-hour volume: 14.05 billion USD
- Circulating supply: 72.16 billion USDC
- Next substantiated date: November 12, 2026, when direct EBA supervision begins
