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The Sui Foundation has announced a new partnership with MoviePass, the U.S.-based movie subscription service. According to a press release shared with crypto.

Circle has enabled support for local bank transfers for USD Coin (USDC) in Brazil and Mexico through their national payment systems, PIX and SPEI, respectively, according to a Sept. 17 press release.

Circle, the firm behind the USDC (USD Coin) stablecoin, has now entered Brazil and Mexico. Such a move is a major boost towards providing faster and cheaper digital dollar services to businesses in two of the largest Latin American economies.

Circle, the issuer of the USDC stablecoin, has broadened its payment functionalities to Brazil and Mexico, enabling transactions directly in local currencies—Brazilian reais and Mexican pesos.

USDC issuer Circle introduces the stablecoin in Brazil and Mexico in global expansion efforts.

Previously, the stablecoin could only be purchased through crypto exchanges.

Circle has expanded its stablecoin operations in Latin America to include Brazil and Mexico. In a company statement, stablecoin operator Circle revealed that its (USDC) token can now be used to settle payments in Brazil and Mexico.

Circle now supports PIX (Brazil) and SPEI (Mexico), eliminating international wire transfers for faster USDC access.

Circle's USDC integration in Brazil and Mexico could significantly enhance financial inclusion and streamline cross-border transactions in Latin America. The post Circle introduces USDC in Brazil and Mexico via local payment systems appeared first on Crypto Briefing.

Circle plans on launching the USDC stablecoin on Sui sometime soon, according to Circle CEO Jeremy Allaire.

The revived MoviePass unveiled plans to integrate USDC via Sui to pay for subscriptions, plus the Sui Foundation has taken an equity stake.

Circle announced that USDC will soon be supported on the Sui blockchain, and will improve the network's security, usability, and interoperability.

The move allows the direct conversion of Reas and Pesos into USDC, omitting the need to convert the fiat currencies into USD.

Singapore, Singapore, 17th September 2024, Chainwire

The Sui Network is set to integrate USDC, enhancing DeFi utility and interoperability through increased liquidity and streamlined transactions.

Circle has announced its decision to launch its USD Coin (USDC) on the Sui network, a move that has promptly propelled the price of Sui (SUI) cryptocurrency. This initiative marks a continuation of USDC's expansion across multiple blockchain platforms, now totaling sixteen with the addition of Sui.

TL;DR USDC on Sui Network: Circle CEO Jeremy Allaire announced that USD Coin (USDC) will soon be natively supported on the Sui network, enhancing its interoperability and functionality. What is USDC?: USDC is a stablecoin pegged to the US dollar, widely trusted, and used across over 15 blockchain networks, including Ethereum and Solana.

Jeremy Allaire, Circle's Co-founder, Chairman, and CEO, hinted that native USDC would launch on the SUI ecosystem. An official ambassador of the SUI network, Edle, confirmed that many users hesitated to bridge USDC or USDT from Ether to SUI due to slow speeds and high gas fees.

Circle has recently integrated USDC, its flagship stablecoin, into both Sony's Soneium, an Ethereum layer-2 solution, and the Sui blockchain.

Circle, the issuer of USD Coin (USDC), is expanding its stablecoin to the Sui network, a layer-1 (L1) blockchain platform.

Stablecoin issuer Circle is expanding its native issuance of USD Coin (USDC) and deploying its Cross-Chain Transfer Protocol on the layer-1 blockchain Sui. In a Sept.

Users and developers on Sui will benefit from a more seamless experience with USDC.

The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.

Sui Network announces plans to integrate native USDC and Cross-Chain Transfer Protocol