Circle, the company behind the stablecoin of $ 60 billion USDC, launched on Tuesday a new network of cross -border payments and versions – the “Next Product Move” of the company – its headquarters in New York stuffed animal, on the 87th floor of a world center.
The launch event is intended for banks, fintechs, payment service providers, submission providers and strategic partners of the USDC. He featured Circle’s CEO, Jeremy Allaire, will share his vision of the next movement of the Stablescoin giant in the payment space, according to an invitation seen by Coindesk.
New and emerging regulations around the world open the space of Stablecoin, where Circle shared the spotlights with a greater rival attachment. It is therefore logical that the circle – a company that has managed to rotate during its years in cryptographic space – should seek to consolidate its position and return to its roots as a payment company.
“Circle is launching a network of payments which initially targets funds but which finally aims to compete with Mastercard and Visa,” said a person familiar with the plans.
Stablecoins have reached an adoption level where technology could disrupt global monetary transfers in a similar way to WhatsApp and international calls, said Andreessen Horowitz, VC company.
In a recent interview, specialists in Crypto Fireblocks guard technology stressed that billions have been moved by payment service providers doing things like cross -border payments using Stablecoins like USDC and USDT.
Circle was in the news more recently, after the company announced its intention to make public in the United States, to postpone the date of its IPO thanks to jerky and uncertain market conditions.
Circle did not immediately respond to requests for comments.
