Circle Reportedly Integrating USDC With Jack Ma’s Ant Group
Ant Group, the Chinese fintech powerhouse backed by Jack Ma, is reportedly planning to integrate Circle‘s USDC (CRYPTO: USDC) stablecoin into its global blockchain platform.
Quoting people familiar with the matter, Bloomberg reported on Thursday that the move is contingent on USDC achieving full regulatory compliance in the United States.
Ant International, the overseas division of Ant Group, is spearheading the effort as part of its strategy to incorporate regulated digital currencies into its existing blockchain infrastructure.
This platform currently supports functions like treasury management and cross-border payments and is increasingly positioning itself as a hub for tokenized financial instruments.
The discussions with Circle reflect a broader trend of growing institutional interest in regulated …
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