• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Circle's USDC Expands Through Major Financial Partnerships

Circle's USDC Expands Through Major Financial Partnerships

user avatar

by David Robinson

a day ago

Circle Internet Group, Inc. is making significant strides in promoting its stablecoin USDC by forming strategic partnerships with leading financial institutions. This initiative is poised to transform the landscape of cross-border payments, valued at $20 trillion, and the publication demonstrates positive momentum in the developments.

Collaborations to Modernize Financial Settlements

The collaborations with

  • FIS
  • Finastra
  • Mastercard
are designed to modernize financial settlements, thereby enhancing the institutional adoption of USDC. By leveraging the expertise and infrastructure of these major players, Circle aims to streamline transactions and improve efficiency in the financial sector.

Impact of the GENIUS Act on USDC

Additionally, the recent passage of the GENIUS Act reinforces USDC's position in the realm of financial modernization. This legislation is expected to bolster the competitiveness of USDC on a global scale, further establishing it as a key player in the evolving digital currency landscape.

Citi's CEO Jane Fraser recently discussed the future of global payments, advocating for tokenized deposits over stablecoins, which contrasts with Circle's push for USDC in cross-border transactions. For more details, see read more.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Vietnam's Ecommerce Sector Shows Strong Optimism Amid Regulatory Challenges

chest

Vietnam's ecommerce sector shows strong growth potential despite regulatory challenges, with 85% of experts optimistic about overcoming hurdles.

user avatarAndrew Smith

WEMIX PLAY Unveils Partner's Server for Legend of YMIR

chest

WEMIX PLAY has announced the launch of the Partner's Server, a groundbreaking system that allows players to create and manage their own unique servers in the game Legend of YMIR.

user avatarJacob Williams

MAGACOIN FINANCE Emerges as a Stable Altcoin Amid Market Volatility

chest

MAGACOIN FINANCE has shown remarkable stability during market selloffs, attracting attention as a safe haven altcoin.

user avatarZainab Kamara

Avalanche (AVAX) Shows Signs of Recovery After Market Shakeout

chest

Avalanche has begun to show signs of recovery after a sharp shakeout, currently trading near 22, with analysts tracking a possible rebound toward 47.

user avatarSon Min-ho

Prior YouTube Hacks Targeted Crypto Investors

chest

Large-scale YouTube hacks targeting crypto enthusiasts have consistently promoted scam tokens through compromised accounts.

user avatarAyman Ben Youssef

Community Concerns Over Security Breaches Following Dota 2 Hack

chest

Community concerns over security breaches following Dota 2 hack raised user security issues, emphasizing the need for enhanced security measures.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.