Advertisement
AD

Main navigation

Stellar-Based USDC Integrated by FinClusive for Fast Corporate Payments

Advertisement
Thu, 4/03/2021 - 12:50
Stellar-Based USDC Integrated by FinClusive for Fast Corporate Payments
Cover image via U.Today
Read U.TODAY on
Google News

FinClusive platform has announced its strategic partnership with Stellar USDC to integrate the Stellar-powered stablecoin for convenient and fast corporate transfers across borders that financial institutions can use.

Advertisement
6663_01
Image via Twitter

FinClusive teams up with Stellar to integrate USDC

FinClusive is a company that helps banks and financial institutions to improve their products related to financial inclusion.

The company has struck a partnership deal with Stellar to integrate the second-biggest stablecoin, USDC (whose single version is powered by the Stellar blockchain), in order to allow businesses to utilize USDC for fast cross-border payments without losing compliance.

The company allows its numerous corporate customers to make instant payments in USD Coin, while covering all KYC and AML issues related to those transactions.

As FinClusive has noticed recently, businesses have been inclined to leverage stablecoins pegged to top global currencies or baskets of them to perform transnational payments.

Related
Stellar (XLM) Introduces Update Horizon 2.0. Why Is It Crucial for Stellar?

Stellar knows how to avoid high ETH fees for USDC

Turkish Stellar's XLM Twitter account has offered a service that can help USDC users avoid paying high fees of $10-$15 for sending $10 in crypto on the Ethereum blockchain.

To transfer USDC without having to pay these gargantuan fees, users can shift their USDC from Ethereum to Stellar and send their stablecoins after that.

6663_02
Image via Twitter
Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD