Crypto.com uses Circle API to launch USD bank transfers in over 60 countries
Institutional Crypto.com customers in more than 60 countries can now make U.S. dollar bank transfers to and from their USDC wallets. Digital asset exchange and service provider, Crypto.com, has launched withdrawals via U.S. dollar bank transfers for institutional clients across more than 60 countries.According to an August 18 announcement, the expanded fiat functionality for institutional account holders has been enabled by its partnership with Circle.Institutional customers are now able to withdraw dollars from their Crypto.com USD Coin (USDC) wallet via bank at a 1:1 basis using a unique....
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Bitcoin blockchain-centric P2P Fintech firm Circle has now added support for bitcoin buying and selling in several European countries beyond the UK. Six months after bitcoin exchange and services firm Circle saw an electronic money license granted by the British government, the company is pushing on to other countries in Europe. Users from sixteen countries including the likes of Belgium, France, Germany, Italy and Spain will now be able to link their Euro-based credit and debit cards. Notably, there are no fees for buying bitcoin with debit cards, making Circle stand out in a growing list....
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....
Crypto.com and Circle's partnership enabled U.S. dollar deposits and receiving USDC for users in more than 30 countries. Digital asset exchange platform Crypto.com opened a new U.S. dollar fiat on-ramp thanks to a new partnership with global payment provider Circle, according to a June 28 announcement.The partnership between Crypto.com and Circle enables users in over 30 countries to deposit dollars from their bank account and receive USD Coin (USDC), a popular dollar-pegged stablecoin at a 1:1 ratio. Crypto.com’s trading platform has over 50 pairs with USDC, which means that they will be....