#Circle has announced plans to bring its #stablecoin , USDC, to Australia through a partnership with venture capitalist Mark Carnegie’s MHC Digital Group.
This move aims to expand the use of $USDC across the Asia-Pacific region, with a particular focus on institutional investors and wholesale clients in Australia. The partnership is expected to offer a cost-effective alternative to traditional banking methods, reducing fees for large financial transactions, especially for Australian superannuation funds.