Circle launched a network for cross-border settlement amid global discussions spurred by US digital asset legislation.
1 report, 1 independent
Updated Jun 17
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Circle launched a network for cross-border settlement amid global discussions spurred by US digital asset legislation.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Circle
peer-to-peer payments technology company
- Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.
- Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.
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Pan Gongsheng
Chinese banker (1963-)
Nothing else this week.
Related events
- Circle is linked to broader crypto market trends, while Coinbase has heavy exposure to digital asset trading activity.
- Industry leaders like Circle, Stripe, Robinhood, and Coinbase are exploring proprietary blockchain solutions to meet the demands of decentralized payments.
- Circle is identified as a global financial technology firm.