Seeing Circle and Coinbase skyrocket during trading, it seems that these two North American companies are starting to form a strong alliance.

Currently, Coinbase holds 3.5% of Circle's shares and may receive 50% of the interest income from USDC reserves, and a significant portion of the currently circulating USDC is clearly stored at Coinbase.

Market rumors suggest that future stock trading at Coinbase may also use USDC as a medium.