Circle and Legend Trading Collaborate to Expand Stablecoin Services in Latin America and Asia-Pacific
You are about to discover a groundbreaking strategic initiative by crypto company Circle and institutional-grade trading platform Legend Trading. Their joint effort aims to enhance the utility of the USDC stablecoin, specifically catering to the needs of substantial enterprises and institutional clientele in the Latin American and Asia-Pacific regions.
Legend Trading holds significant influence, serving over 800 institutions worldwide and processing an astounding $1 billion monthly. Their extensive operational reach spans across 150 nations. With this collaboration, users gain access to a platform that offers profound liquidity and a settlement mechanism known for its unparalleled efficiency.
Unprecedented USDC Access for Institutional Clients in APAC and LATAM
This partnership presents an appealing solution for institutional clients, providing them with unrestricted access to USDC. By strategically targeting regions known for their inclination towards digital dollar assets, this collaboration addresses the growing institutional demand for stablecoins. Hao Chen, CEO of Legend Trading, expressed excitement about propelling USDC adoption to new heights in the rapidly expanding crypto realms of APAC and LATAM.
Hot Take: Expanding Stablecoin Services Fuels Institutional Adoption of Cryptocurrencies Globally
Expanding stablecoin services in Latin America and the Asia-Pacific regions not only satisfies the demand for digital dollars in these dynamic markets but also signifies a significant step towards increased institutional adoption of cryptocurrencies on a global scale.
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