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Ivy and Circle Collaborate to Introduce Real-Time EURC to USDC Payments Across Europe
In a groundbreaking move, fintech company Ivy and Circle have joined forces to roll out real-time payments for stablecoins across Europe. The partnership enables instant conversion of euros (EURC) into USDC stablecoin settlements, significantly enhancing the efficiency of cross-border transactions.
This innovative integration brings about seamless digital asset settlement capabilities, bolstering cash management and improving financial services for institutions and e-commerce platforms operating within the European Economic Area (EEA). By integrating Circle’s stablecoins, Ivy has now enabled its global customer base to access and transact with digital assets in real-time, 24/7.
Circle’s vision of a global network has taken another significant step forward. With their platform already operational in over 185 countries, they have now successfully expanded the availability of USDC and EURC stablecoins across Europe. This move further solidifies Circle’s position as a reliable provider of digital finance infrastructure.
The integration with Ivy adds an essential feature to Circle’s network: seamless access to USDC settlements for PSPs (Payment Service Providers) and e-commerce platforms within the EEA. By leveraging this partnership, fintech companies can now optimize their treasury operations through automated settlement and liquidity management solutions.
In the rapidly evolving landscape of decentralized finance, this collaboration signifies a crucial step forward in enhancing global cash flow efficiency and digital asset settlements for institutions and payment service providers.
Source: coincentral.com
