Intercontinental Exchange And Circle Sign Memorandum To Explore USDC Integration
Posted On March 27, 2025
Intercontinental Exchange Inc. (NYSE:ICE), the operator of the New York Stock Exchange, has signed a memorandum of understanding with Circle (CRYPTO: USDC) to assess the use of Circle’s USDC stablecoin and tokenized yield product, USYC.
Under the agreement announced Thursday, ICE and Circle will jointly explore how USDC—a dollar-pegged stablecoin with over $60 billion in circulation—can be applied across derivatives, clearing, and data services offered by ICE.
ICE is also reviewing Circle’s US Yield Coin (USYC), a tokenized product designed to deliver yield from U.S. money …
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