Circle and Lianlian Pay explore stablecoin cross-border payment cooperation

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Circle and licensed cross-border payment institution LianLian Global have signed a Memorandum of Understanding (MOU) to explore cooperation on stablecoin-based cross-border payment infrastructure. The cooperation includes improving the efficiency of cross-border payments and settlements, reducing costs, promoting interoperability between traditional payment systems and blockchain infrastructure, and exploring application opportunities in emerging markets. The two parties will also explore using Circle's L1 blockchain, Arc, to support future payment applications within the LianLian Global network.



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