🔹#Visa and #Baanx launched USDC payment cards. These cards will allow users to spend USDC directly from their non-custodial crypto wallets anywhere Visa is accepted. Baanx will automatically convert USDC to fiat for making payments.
🔹#Circle filed an application for #IPO in the USA. The issuer of USDC plans to list its shares on the New York Stock Exchange under the ticker CRCL.
🔹#Ripple made an offer to acquire Circle. According to reports, the offer amount was $4-5 billion, but Circle rejected it, considering it too low.
🔹Growth of USDC on Solana. The amount of USDC in circulation on the Solana blockchain reached $10 billion, indicating significant growth in the use of the stablecoin within the Solana DeFi ecosystem.
🔹Mastercard expands stablecoin transaction capabilities. The company announced new features covering the entire transaction process with stablecoins, from wallets to checkouts.
🔹Circle is expanding its presence in Japan. The company plans to launch USDC in Japan in partnership with SBI Holdings after obtaining the necessary regulatory approvals.
🔹USDC remains stable. Currently, USDC is trading close to the $1 mark, demonstrating its stability as a stablecoin.
🔹These events indicate the growing integration of USDC into the traditional financial system and its expansion into new markets and platforms.
