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Circle Expands Financial Infrastructure with New Cross-Border Payments Platform
Circle Expands Financial Infrastructure with New Cross-Border Payments Platform
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In a strategic move to strengthen global financial connectivity, Circle Internet Financial has unveiled plans for a next-generation payments and remittance network. The USDC issuer aims to leverage its stablecoin expertise to create a seamless system for international money transfers, targeting both institutional and retail users. This development comes as demand grows for efficient, low-cost alternatives to traditional correspondent banking systems. Industry analysts suggest the new network could significantly reduce settlement times while maintaining regulatory compliance across jurisdictions.
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