Circle Internet Group, Inc. and OKX have partnered to deepen liquidity for both USD-to-USDC and USDC-to-USD conversions, making USDC more accessible to OKX’s 60+ million global customers. „Through this partnership, customers will be able to easily convert between USD into USDC and back on a 1:1 basis across OKX products and services. Additionally, OKX will simplify on-and off-ramping via mutual banking partners, making it easier for customers to use USDC for trading, payments, and more.” – according to the press release.
„Demand for USDC continues from businesses and individuals eager to adopt this new form of high-utility and internet-based money,” said Co-founder, Chairman and CEO of Circle Jeremy Allaire. „OKX is a preeminent leader in digital asset markets, and by extending USDC’s reach to OKX’s over 60 million global users, we are driving growth in digital asset markets while also building on and integrating with the wide-range of innovative Web3 wallet and payments applications that OKX continues to pioneer.”
“Our partnership with Circle is important because it delivers increased liquidity and access for customers to a market-leading stablecoin in USDC,” said OKX Founder and CEO Star Xu. “By working together, we’re further improving the user experience across our platform while accelerating the adoption of stablecoins in everyday finance.”
„This partnership will provide users with more options, enhance the trading experience, and create new opportunities for individuals and businesses worldwide to seamlessly use USDC.” – the company said.
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Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Circle is building the world’s largest, most-widely used, stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins. Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services and business operations.
Trusted by more than 60 million customers around the globe, OKX is a technology company building a decentralized future that makes the world more tradable, transparent and connected. „We’re known for being one of the fastest and most reliable crypto apps in the world, and have processed trillions of dollars in transactions.” – the company explained.
Over the past several years, the company built one of the world’s most comprehensive regulatory compliant, licensed crypto companies. Circle hold licenses in the United States, the UAE, EEA, Singapore and Australia, as well as in other markets. „We’re steadfastly committed to transparency and security and publish Proof of Reserves reports on a monthly basis.”
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