Circle enables seamless USDC-USD transfers, providing a bridge from banks to ...

Circle enables seamless USDC-USD transfers, providing a bridge from banks to ...

The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance. Circle, the company behind the second most popular stablecoin USD Coin, has rolled out a new API that will allow for the seamless transfer of USDC to USD via automated clearinghouse (ACH) systems. The first exchange to adopt the new API will be derivatives and futures specialist FTX, looking to speed up USD settlement processes on behalf of their customers.In a blog entry, project manager Gee Chuang described how Circle’s ACH API improves....


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