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Circle Teams With ICE to Integrate Stablecoins in Markets The partnership between Circle and ICE targets the integration of stablecoins like USDC into traditional financial markets, marking a significant step toward their mainstream adoption. This collaboration aims to innovate financial systems and enhance existing infrastructures, as noted by Circle's CEO, Jeremy Allaire, and Lynn Martin from NYSE. Market reactions have been largely positive, reflecting optimism towards stablecoin adoption and the potential for transformative changes in major financial industries. With USDC's market cap exceeding $60 billion, the initiative also underscores the growing importance of stablecoins while highlighting the need for clearer regulations to support seamless integration. $USDC

🔥 JUST IN: Circle and Intercontinental Exchange (ICE), parent of the NYSE, have signed an MoU to explore integrating $USDC and USYC into ICE’s trading, clearing, and data systems. Stablecoins hit $27.6 trillion in transfer volume in 2024, surpassing Visa and Mastercard.

Intercontinental Exchange Inc. (ICE), the parent company of the New York Stock Exchange, and fintech firm Circle Internet Group announced a memorandum of understanding (MoU) to explore integrating Circle’s USDC and USYC digital assets into ICE’s financial products and markets. The collaboration aims to leverage Circle’s $60 billion market-cap stablecoin, USDC—a digital dollar pegged 1:1 to the U.S. dollar—and its tokenized money market product, US Yield Coin (USYC), across ICE’s derivatives exchanges, clearinghouses, and data services. Jeremy Allaire, Circle’s CEO, stated the partnership could unlock major new use cases for USDC through ICE’s global network. Lynn Martin, President of the NYSE, emphasized growing trust in stablecoins as dollar equivalents, noting their potential to reshape capital markets. “We believe Circle’s stablecoins and tokenized digital currencies can play a larger role in capital markets,” she said. USDC reserves, primarily held in the SEC-registered Circle Reserve Fund (USDXX), are backed by cash and cash-equivalent assets. The stablecoin supports over 600 million wallets globally, facilitating payments, crypto trading, and store-of-value applications. Under the MoU, ICE and Circle will assess applications for these digital assets within ICE’s ecosystem, including novel derivatives, risk management tools, and tokenized financial instruments. The partnership aligns with ICE’s broader strategy to digitize workflows and expand market transparency. ICE operates major financial infrastructure, including futures exchanges, fixed-income platforms, and mortgage technology services. Circle, a stablecoin leader, explained on Thursday that it has pushed for regulated crypto adoption in traditional finance (TradFi) since launching USDC in 2018. The companies did not disclose timelines or specific product details, citing the exploratory nature of the agreement. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

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🚨BREAKING: ICE and Circle Partner to Integrate USDC and USYC Stablecoins into Global Financial Markets