Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi By Cointelegraph

Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi

Circle, the company behind the second most popular stablecoin USD Coin, has rolled out a new API that will allow for the seamless transfer of USDC to USD via automated clearinghouse (ACH) systems.

The first exchange to adopt the new API will be derivatives and futures specialist FTX, looking to speed up USD settlement processes on behalf of their customers.

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