Company
Date Published
Author
Team Circle
Word count
409
Language
English
Hacker News points
None

Summary

Circle Internet Financial has announced that USDC and CCTP V2 are now operational on the XDC Network, facilitating fast, low-cost stablecoin payments, RWA tokenization, and cross-chain transfers for developers, institutions, and enterprises. This development allows access to USDC liquidity on XDC, leveraging its infrastructure tailored for global trade finance and real-world asset tokenization. USDC's integration enables the settlement of tokenized trade instruments, issuance and exchange of tokenized assets, and efficient B2B and cross-border transactions. Businesses can convert fiat to USDC via Circle Mint, while developers can utilize USDC's open-source protocol. Circle, through its regulated affiliates, issues USDC, and offers money transmission services, with Circle Mint currently available only to institutions.