Circle has issued a warning to companies considering issuing their own stablecoins, emphasizing that it is not merely a technical decision but a strategic one involving trust, liquidity, and compliance. The stablecoin market, which grew from $205 billion to over $300 billion in 2025, is consolidating around a few mature networks like USDC, which ended 2025 with a market cap exceeding $75 billion. Circle highlights that while creating a stablecoin is technically straightforward, maintaining a trustworthy and regulated stablecoin requires robust financial infrastructure, including real-time reserve management, compliance, and risk control. The company advises businesses to focus on integrating existing stablecoins like USDC into their operations to leverage growth opportunities without the complexities of issuing their own tokens.