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Circle unveils a payments and remittance network targeting global banks and fintechs, aiming to challenge traditional finance giants, CoinDesk reports.
What’s the Scoop?
- Launch Announcement: Circle unveiled its global payments and remittances network at its New York headquarters in One World Trade Center.
- Target Audience: The product is aimed at banks, fintechs, payment service providers, remittance platforms, and USDC’s strategic partners.
- Competitive Ambitions: Circle aims to rival traditional players like Mastercard and Visa in global money transfers using stablecoin technology.
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