CIRCLE TO LAUNCH NEW PAYMENTS AND REMITTANCE NETWORK

Summary from the TLDR Crypto newsletter

Circle is unveiling a new payments and cross-border remittance network for its $60 billion USDC stablecoin. It will target banks, PSPs, fintechs, and remittance partners. The network aims to rival traditional rails like Mastercard and Visa using stablecoins for global money transfers. Circle is going back to its payment roots following a postponed IPO amid choppy market conditions.