Stablecoin issuer Circle launches business accounts for USDC transactions

Stablecoin issuer Circle launches business accounts for USDC transactions

More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves. USD Coin (USDC) operator Circle has launched a new account service aimed at helping businesses transact in cryptocurrencies — potentially opening the door to wider mainstream adoption of digital assets. The new business-centric Circle Account allows enterprise clients to deposit, withdraw, receive and store cryptocurrencies and have all payments settled in the USDC stablecoin, the company announced Wednesday. Circle's new account features give businesses the....


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