**MHC Digital and Circle Team Up to Boost USDC in APAC**

MHC Digital Group and Circle have announced a partnership to expand the distribution of Circle’s US Dollar Coin (USDC) to institutional investors in Australia and the Asia Pacific region. MHC Digital aims to offer cost-effective USDC access to wholesale clients, including high-net-worth individuals, hedge funds, and crypto businesses.

Mark Carnegie, founder of MHC Digital, is keen on convincing large Australian pension funds to adopt USDC to reduce hefty forex trading fees. Meanwhile, Circle’s chief business officer, Kash Razzaghi, highlighted the region's readiness for digital assets due to its young, tech-savvy population.

Circle is also eyeing global expansion, with plans for an IPO in the U.S. and potential collaborations in Japan, Brazil, and Mexico.