Back to news
Adoption
Circle and ACI Plan USDC Settlement Pilot on Colombia's Payment Rails
(3 hours ago) · 1 source · Summarized by CryptoBipto
Circle, the issuer of the USDC stablecoin, and ACI Worldwide, a payments technology company, have announced plans for a pilot program to use USDC for settlement alongside Colombia's existing payment infrastructure. The pilot aims to explore how stablecoin-based settlement could work within the country's financial system.
WHY IT MATTERS
A stablecoin is a type of cryptocurrency designed to maintain a steady value, usually pegged to a traditional currency like the US dollar.
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- cryptoslate.com
RELATED
USDCStablecoinsUSDCCross-Border PaymentsLatin AmericaFinancial Infrastructure
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
