The international group of Ant, the company supported by the founder of Alibaba, Jack Ma, plans to bring the Stablecoin USDC of Circle to its owner blockchain.
Deployment will start once American regulators certify the cutting -edge token in dollars under new federal rules, Bloomberg reported, citing people familiar with the agreement.
This decision would give the USDC a link to a network which dealt with more than 1 billion of dollars in world payments last year, a third of them settled in a chain. This ladder could make the anticer the largest user of the company abroad of a stablecoin issued by the United States.
Ant International also requests Stablecoin licenses in Singapore, Hong Kong and Luxembourg, according to the report. The group wants regulated digital dollars, digital currencies from the central bank and tokenized bank deposits to sit side by side on its platform.
The company’s blockchain currently supports token assets of various financial institutions and would have been Work with the Popular Banque of China (Pboc) On the digital currency of the central bank of the country (CBDC)The digital yuan.
Circle shares increased by almost 3.8% in pre-commercialization to $ 208.
