PANews reported on July 10 that Circle, a compliant stablecoin issuer, is accelerating its global cooperation layout. Following the strategic cooperation with OKX, according to Bloomberg, Ant International, a subsidiary of Ant Group, is also cooperating with Circle and plans to integrate USDC into its blockchain platform after completing the US compliance process. In addition, Ant International is also actively applying for stablecoin-related licenses in Hong Kong, Singapore, Luxembourg and other places.

Previously, Circle has established a deep cooperative relationship with OKX. OKX users can enjoy the 1:1 instant exchange service between USD and USDC, and the cooperative banks will also help optimize the process of fiat currency deposit and withdrawal, and enhance the experience of using USDC in trading, payment and other scenarios. With the participation of leading platforms such as OKX and Ant International, the USDC ecosystem is accelerating its expansion, and the infrastructure status of compliant stablecoins in the global financial system is becoming increasingly prominent.