Circle Expands USDC Payment Infrastructure Across Asia via Singapore Hub
Circle has launched its Stablecoin Payouts service through Circle Mint Singapore, marking a strategic expansion of its USDC-based payment infrastructure in Asia. The service enables institutional partners to conduct cross-border transactions with improved speed and cost efficiency compared to traditional systems.
The move is bolstered by Circle's Major Payments Institution License from Singapore's Monetary Authority (MAS), ensuring regulatory compliance while facilitating enterprise adoption of stablecoin technology. This development positions USDC as a growing liquidity solution for Asian financial institutions.
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