Circle to Bring $USDC to CorpayInc’s Global FX and Commercial Card Rails
The integration aims to offer 24/7 liquidity, on-chain settlement, and familiar payment experiences for enhanced global FX and commercial card operations.
USDC
Summary
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Terms & Concepts
$USDC: A digital stablecoin pegged to the U.S. dollar used for secure and stable transactions.
FX: Short for foreign exchange, referring to the global currency trading market.
On-chain settlement: The process of executing transaction settlements directly on a blockchain for transparency and efficiency.