BlockBeats News, March 27th, Circle today announced that it has reached an agreement with Intercontinental Exchange (ICE) to explore the widespread application of USDC and USYC in the traditional financial markets, exchanges, and clearing institutions.
Through the integration of USYC and USDC, Circle will build an ecosystem that instantly converts yield-bearing collateral into cash, suitable for margin and derivatives trading. This infrastructure will not only improve capital efficiency and security in the capital markets but also unlock new possibilities brought by on-chain asset tokenization and programmable money.
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