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Ant Group, operator of Alipay, plans to integrate Circle’s USDC stablecoin into its blockchain platform to enhance global payments efficiency. The move hinges on USDC achieving full U.S. compliance post-GENIUS Act. Initially, the focus will be on payments rather than crypto transactions.
- Ant Group's Alipay, with 1.6 billion users, will integrate USDC to streamline global payments.
- USDC integration awaits full U.S. compliance post-GENIUS Act, which could legitimize stablecoins.
- Circle's valuation hits $46B after GENIUS Act approval, signaling growing stablecoin adoption.
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Related Tags: Circle Stablecoin