Circle is advancing its integration of USD Coin (USDC) into global payment networks, launching partnerships with Mastercard and Finastra. These collaborations aim to enhance USDC's role in mainstream finance, focusing on regions like Eastern Europe, the Middle East, and Africa. Mastercard will facilitate transactions settled in USDC and Euro Coin, with Arab Financial Services and Eazy Financial Services as the initial adopters. On a parallel front, Finastra has integrated USDC into its Global PAYplus platform, enabling banks in 50 countries to process international payments in USDC, even when instructions are in fiat currency. This expansion follows recent favorable regulatory developments in the U.S., where a new federal framework for stablecoins was established. Circle is also targeting Asian markets, engaging with major banks to explore on-chain integrations and the potential for a won-backed stablecoin, while participating in a joint venture in Japan to promote USDC adoption.

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