July 1st, 2024: One of the biggest milestones for the future | Circle USDC on Binance Square

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July 1st, 2024: One of the biggest milestones for the future of money. $USDC and $EURC became legal electronic money in the entire EU.
Hear more from @jerallaire in his interview with @DefiantNews.
🎥 Full Episode: https://www.youtube.com/watch?v=-IzVBlhONjk

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Circle President Heath Tarbert highlights the role of stablecoins in modernizing the US dollar for the digital age on @FoxNews. Stablecoins are digital dollars that move securely and instantly on blockchain. They are fully reserved, and pegged 1:1 to the U.S. dollar. With clear federal regulation, stablecoins can enhance financial efficiency, reduce transaction costs, and strengthen the US economy while ensuring consumer protections. The Office of the Comptroller of the Currency has authorized national banks to issue and process stablecoins, marking a significant step for financial integration. Proper regulation of stablecoins can promote innovation, economic security, and global financial inclusion. Stablecoins are not just a technological breakthrough; they represent an evolution in the very fabric of global finance.

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With over 114 million customers across South America, @nubank provides seamless access to dollars with USDC. The fastest and most cost effective way to access dollars, powered by Circle.

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“Bermuda is the natural choice as regulator and home for USYC and our tokenized money market operations,” -@jerallaire With our long-standing comprehensive licensing from the Bermuda Monetary Authority, we are sharing plans to bring recently acquired Hashnote TMMF under our existing DABA License.

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“Stablecoin legislation that favors a level playing field for American issuers, incentivizes US based innovation and protects consumers can increase dollar deposits making regulated stablecoins an export product,” -@ddisparte https://www.americanbanker.com/opinion/its-time-to-stop-the-anti-stablecoin-hysteria-and-embrace-the-future?utm_content=think_tank

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