Tag: Circle
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Circle Develops USDCx: Privacy-Focused Stablecoin Bridging Banking Secrecy and Blockchain Transparency
Circle, the world’s second-largest stablecoin issuer commanding substantial market influence through USDC , is pioneering institutional-grade privacy infrastructure through development of USDCx—a confidential stablecoin created in strategic partnership with Aleo, a specialized blockchain company focused on privacy-preserving computation. The initiative directly addresses a critical barrier preventing mainstream banking adoption of blockchain-based payments: institutional requirement for transaction confidentiality equivalent to traditional…
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Circle Expands USYC to Solana: Tokenized Treasury Access for DeFi Users
Circle, the issuer behind the popular USDC stablecoin, has officially expanded its tokenized USYC fund to the Solana blockchain, marking a significant milestone in the convergence of traditional finance and decentralized technology. This launch strengthens Solana’s ecosystem by bringing a regulated, yield-generating instrument directly to one of the fastest-growing networks in crypto. Tokenized Access to Treasury Yields on…