Using USDC for Cross-Border Payments

Trending 1 year ago

How MSBs are leveraging nan powerfulness of USDC and Circle for cross-border payments to their counterparties.

Faisal Khan

Faisal Khan LLC Blog

As cross-border payments proceed to summation popularity, businesses are perpetually looking for faster, much secure, and cost-effective methods to behaviour transactions. In my caller walk-through videos, I discussed really US Money Service Businesses (MSBs) pinch nan requisite money transmitter licenses tin leverage Circle and their stablecoin USDC for these purposes. With Circle acting arsenic a analogous bank, utilizing USDC has proven to beryllium a promising solution for reducing counter-party consequence and facilitating multi-MSB payouts. Watch connected to study much astir nan benefits of Circle and USDC for MSBs.

These videos bespeak nan existent authorities of affairs successful nan payments manufacture arsenic licensed players activity to span nan spread betwixt nan fiat and crypto worlds. By leveraging Circle and USDC, MSBs tin facilitate faster and much unafraid payments while ensuring that each compliance and regulatory checks stay successful place. Watch my videos to study much astir really Circle and USDC tin thief you navigate nan evolving scenery of cross-border payments.