Circle Mints $250M USDC on Solana as Ivy Integration May Enhance Euro Onramps and FX Services
2025-07-03 16:41:06
Main Idea
Circle minted $250 million USDC on Solana and integrated with Ivy to enhance euro stablecoin payments, driving faster cross-border settlements and institutional adoption.
Key Points
1. Circle issued $250 million USDC on the Solana blockchain, highlighting growing institutional demand for low-cost, efficient cross-border payments.
2. Circle Mint’s FX service provides competitive foreign exchange options for the European Economic Area (EEA), enabling 24/7 euro onramps and faster settlements.
3. Ivy’s integration of USDC and EURC APIs into its instant payment infrastructure reduces operational friction and accelerates stablecoin adoption in Europe.
4. The Circle-Ivy partnership enhances liquidity and cost efficiency for payment service providers and fintechs, facilitating efficient cross-border settlements.
5. The developments reflect broader trends in stablecoin utility and institutional interest in blockchain-based payment solutions.
Description
Circle has minted $250 million USDC on the Solana blockchain, underscoring a surge in institutional demand for efficient stablecoin payment solutions. The integration of Ivy’s API enables near-instant euro-to-USDC conversions,
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