Stablecoin payments into Hong Kong are surging on the cross-border payment network of Circle Internet Group, operator of the world’s second largest stablecoin issuer USDC, as the US firm eyes regulatory approval in the Asian crypto hub, its CEO said in an interview.
“Hong Kong remains a central trade hub, and cross-border payments and cross-border trade are major drivers in the adoption of stablecoins,” said Jeremy Allaire, co-founder and CEO of Circle.
He said that payments into Hong Kong were…
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