Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products

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Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products

Circle, which sought a Major Payments Institution License from the Singapore central bank, can now offer cross-border and domestic payment services, according to a press release. The company, which is behind the USDC stablecoin, can also offer token products. www.coindesk.com

Circle, which sought a Major Payments Institution License from the Singapore central bank, can now offer cross-border and domestic payment services, according to a press release. The company, which is behind the USDC stablecoin, can also offer token products.

www.coindesk.com