“The Move Is Part of Ant’s Broader Effort to Build a Platform that Supports Various Forms of Digital Currencies, Including Tokenized Assets.”, – WRITE: www.coindesk.com
The Rollout Will Start Once US Regulators Certify the Dollar-PEGGED TOKEN UNDER The New Federal Rules, Bloomberg Reported, Citing People Familiar with The Deal.
The MOVE Wuld Give USDC A LINK TO A NETWORK THAT PROCESSED more $ 1 TRILLION IN GLOBAL PAYMENTS LAST YEAR, A THIRD OF THEM SETTLED ON-CHAIN. That Scale Could Make Ant The Largest Overseas Corporate User of A US-RISSUED STABLECOIN.
Ant International is Also Apply for Stablecoin Licenses in Singapore, Hong Kong and Luxembourg, Accounting To The Report. The Group Wants Regulated Digital Dollars, Central Bank Digital Currencies and Tokenized Bank Deposits to Sit Side by Side on Is Platform.
The Company’s Blockchain Currently Supports Tokenized Assets from Various Financial Institutions and Has Reportedly Been Working with The People’s Bank of China (CBDC), The Digital Yuan.
Circle Shares Rose Nearly 3.8% in Pre-Market Trading to $ 208.
