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Cryptopolitan 2024-01-15 14:44:21

Circle’s USDC sees remarkable growth in Asian remittances and trade finance in latest report

A recent report by Circle, the issuer of the USDC stablecoin, indicates a significant increase in remittance flows through Asia utilizing USDC. In 2022, transactions amounting to $130 billion were recorded in the region. This stablecoin, tied to the value of the U.S. dollar and backed by liquid cash and cash-equivalent assets, is becoming increasingly

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