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Circle Mint Expands to 8 Local Currency On/Offramps

Blog post from Circle

Post Details
Company
Date Published
Author
Team Circle
Word Count
644
Company Posts That Month
13
Language
English
Hacker News Points
-
Post removed?
No
Summary

Circle Mint has expanded its local-currency USDC on- and offramps to eight currencies, allowing eligible account holders to transact in USD, EUR, BRL, GBP, HKD, MXN, CNH, and SGD. Foreign exchange is handled within Mint, eliminating the need for separate currency conversions or prefunded accounts, while settlements can use local payment rails nearly around the clock where available. The service is intended to simplify access to USDC for payment providers, financial institutions, fintechs, exchanges, market makers, and corporate treasury teams operating across multiple currencies. Users must activate cross-currency exchange, link and register a local-currency bank account, and can then complete transactions through quoted trades and settlements, with redemptions following the reverse process. Availability remains subject to account eligibility and supported jurisdictions, and Circle notes that it is a licensed money transmitter rather than a bank and that Mint balances are not government-insured.

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