A pioneering strategic partnership in the financial technology sector between Circle and Fuse

Circle Internet Financial, the global digital financial technology company, today signed a memorandum of understanding with Fuze, the innovative digital asset infrastructure platform in the Middle East and North Africa, to enhance the digital asset trading process. Circle, an issuer of the USDC-backed stablecoin, will work alongside Fuse to expand the adoption of the digital dollar by new clients in the region, such as banks, fintech companies, traditional institutions and Web 3.0 companies.

Under the agreement, which includes the Middle East, Africa and Turkey, the two companies aim to pave the way for expanding the scope of trading in the stable currency backed by the dollar USDC and to conduct experiments to discover new use cases in these markets.

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