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Ant Group, backed by Jack Ma, is reportedly collaborating with Circle to integrate USDC into its blockchain platform once regulatory compliance is achieved. This move could significantly enhance cross-border transactions and digital asset liquidity.
- Ant Group and Circle are collaborating to integrate USDC into Ant's blockchain platform after regulatory compliance is secured.
- Circle has applied to establish a national trust bank in the U.S. to oversee USDC reserves, signaling long-term stability plans.
- The U.S. Senate's GENIUS Act, passed in June, provides regulatory clarity for stablecoin issuers like Circle.
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