🤝WonderFi Collaboration🤝 WonderFi to Offer Customers the World's Fastest-Growing Stablecoin in Collaboration with Circle
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2021) - WonderFi Technologies Inc. (NEO: WNDR) (OTC Pink: WONDF) (WKN: A3C166) (the "
Company" or "
WonderFi") today announced that, in collaboration with Circle Internet Financial, LLC (
"Circle"), a global financial technology firm that provides payments and treasury infrastructure for internet businesses, it will be offering Circle's USD Coin (USDC) through the WonderFi App to help expand access to the trusted dollar digital currency. Circle's mission is to raise global economic prosperity through the frictionless exchange of financial value, and it is the principal operator and minter of USDC.
Kevin O'Leary, an investor in both WonderFi and Circle, commented: "Stablecoins like USDC are a key part of the growth of this industry, and it's great to see industry leaders like Circle and WonderFi striving to provide better access."
USDC, with over $31.2B USD in circulation and $1.1T transferred on-chain to date, plays an essential role in powering economic activity on the internet. USDC is the world's fastest-growing and dollar digital currency.
"Working together with Circle to create better access to the world's fastest-growing dollar digital currency was a natural fit for us," commented Ben Samaroo, CEO of WonderFi. "There is sustained global demand for USDC as it continues to be regarded as the most trusted and well regulated stablecoin, and it is a great first point of entry for users that are new to crypto and DeFi across the world."
"The collaboration with WonderFi is an important step in providing more people access to the seamless, secure, and efficient way that USDC helps generate economic activity across a range of use cases in the digital asset economy," said Jeremy Allaire, Circle's Co-founder, Chief Executive Officer, and Chairman.
WonderFi also recently announced its intention to use USDC in its treasury management to optimize yield on unused working capital and cash reserves.
https://finance.yahoo.com/news/wonderfi-offer-customers-worlds-fastest-130000683.html