BlackRock joins stablecoin issuer Circle’s $400M funding round
Already being the primary asset manager of USDC cash reserves, BlackRock will now also be exploring capital market applications for the USDC stablecoin.
USD Coin
Already being the primary asset manager of USDC cash reserves, BlackRock will now also be exploring capital market applications for the USDC stablecoin.
Circle Internet Financial said on Tuesday it entered a $400 million funding agreement with several asset managers, including the world’s largest, BlackRock Inc. The funding round, which also involves Fidelity…
By partnering with Circle, Worldpay will enable merchants to have the ability to receive settlement directly in USDC stablecoin.
NYSE-listed financial technology services provider, FIS today announced that the company’s Worldpay will offer merchants the ability to receive settlements directly in USDC, one of the world’s most valuable stablecoins.
The move highlights a growing appetite for connections between fiat and crypto-native payment systems. The post Worldpay to offer merchants direct settlement in USDC appeared first on The Block.
The deal with FIS Worldpay is meant to free firms from the “fiat-only ecosystem.”
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Circle announced the selection of BNY Mellon, one of the oldest U.S. banks and one of the first to embrace custody of digital assets, as the principal custodian for USD…
The new partnership will mutually benefit Circle and Mellon Bank.