Circle Scores Major Sponsorship Deal with Chelsea FC Featuring USDC

Circle has secured a major sponsorship deal with Chelsea FC, featuring its USDC stablecoin on the team's jerseys starting from the 2026/27 season.

The agreement makes Circle the principal partner and official front-of-shirt sponsor of the Premier League soccer giant. This partnership comes as stablecoin adoption continues to grow globally, with a total U.S. dollar stablecoin supply reaching $292.2 billion, according to The Block's data dashboard.

Circle's USDC accounts for $73.9 billion (25.3%) of the total stablecoin supply, having added $1 billion over the past week. In contrast, Tether's USDT dominates the market with a 62.7% share.

In a statement, Circle emphasized that stablecoins are moving from early adoption to mainstream use by reducing transfer costs and increasing global economic participation. The company believes this partnership reflects the scale of the opportunity presented by stablecoins.