Circle CEO Jeremy Allaire stated that the company has used USDC to complete internal corporate settlements with Circle Mint, transferring approximately $68 million between eight entities in less than 30 minutes, with 24/7 settlement support. Allaire said this method replaces traditional bank wire transfers that take 1–3 days to arrive and provides complete auditing and control over funds.
Circle CEO: The company has completed internal corporate settlements with Circle Mint using USDC.
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