Through a string of partnerships, global crypto finance firm
Circle is considerably expanding the reach of the
USDC Coin. Collaborations include the partnering with
MHC Digital for expansion in APAC and venture capitalist
Mark Carnegie to bring USDC to Australia. Moreover, they've linked with
Sony’s blockchain lab to accelerate USDC’s scope and integrate it into Sony’s blockchain. Additionally,
BBVA, a banking giant in Spain, has expanded its crypto services by incorporating the USDC stable coin into its crypto asset service in Switzerland.
In an exciting move,
Robinhood, has supported crypto transfers for USDC, Solana, and Bitcoin in Europe, further propelling the popularity and adoption of the coin.
Circle has planned to extend the coin's scope onto the new Sony blockchain and the
Sui network. This causes USDC to be readily available to businesses in Brazil and Mexico through the country's banking systems.
Interesting prospects lie further for USDC as
Apple opens up NFC for tap-and-go payments causing direct benefits to it.
Coinbase reveals plans for a EURC stablecoin compliant with
MiCA. USDC showed strong performance with a soaring trading volume, indicating a robust market demand. However, Binance has decided to end support for the USDC on the Tron blockchain, raising curiosity about its future growth.
USDC Coin News Analytics from Mon, 18 Dec 2023 08:00:00 GMT to Tue, 01 Oct 2024 18:11:41 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3
