Circle, the firm behind the USDC, strikes hard from the summit of the One World Trade Center. The company has decided to return to its roots: Peer-to-Peer payment. It will reveal tomorrow a new payments solution that could upset the sector, targeting nothing less than historic giants like Visa and Mastercard.
Circle begins a homecoming
This Tuesday, April 22, Circle will officially launch a new network of cross -border payments and transfersaccording to an invitation to this event consulted by Coindesk. The event will take place from the firm offices, perched on the 87th floor of the One World Trade Center in New York, in front of a board of banks, fintechs, payment service providers and strategic partners of the USDC. What to put in Light The new ambition of the Stablecoin giant : resume his place as a leader in the field of digital payments.
The company, which currently manages More than $ 60 billion via its stable USDCintends to take advantage of new international regulations on stablecoins, which allow this market to get more and more. For sector specialists, this announcement is A return to logical sources for Circle. If the company has been able to adapt over the years, it is still faithful to its DNA: facilitating global monetary transactions thanks to blockchain.
🪙 Find out everything there is to know about the USD Coin (USDC), the Stablecoin de Circle with Coinbase
According to a source close to the project, “Circle launches a network of payments first aimed at fund transfers, but of which The final ambition is to compete with Mastercard and Visa »». If it may seem very ambitious, the declaration testifies to the scope of the project.
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Stablecoin USDC ready to revolutionize international transfers
This new Circle strategy is involved in a context where stablecoins are An increasingly important place In the global financial landscape, as pointed out by a report by the venture capital company Andreessen Horowitz, published on April 10:
Just as WhatsApp has transformed the expensive international telephone call sector, blockchain payments and stablecoins transform global money transfers.
The technology behind the USDC is thus in full democratization, underlines Fireblocks in Coindesk in an interview of the day:
Billions are already moved by payment service providers who use stablecoins such as the USDC or the USDT for cross -border payments.
🗞️ Circle is preparing for its IPO, supported by the biggest bank in the United States
In parallel, Circle continues to Prepare for your IPO in the United Stateseven if this operation had to be repelled. The details of this new Circle project will therefore be revealed tomorrow, after the conference given by the company.
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Source : Coindesk
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After training in journalism, I worked for a few years in general press before discovering the world of personal finance and the scholarship. Fallen into cryptos since 2020, I am particularly interested in the decryption of news that influence the Cryptos markets. My goal? Always teach my readers more by providing the most precise and the most just possible information.
Justine Ferrari
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