International payment solution and treasury infrastructure provider Circle announces that it has formed a global partnership with crypto exchange FTX.
Customers of FTX and Blockfolio are now able to fund their dollar balances with immediate access for trading using credit and debit cards in nearly 200 countries. The funds are immediately settled in USDC.
The service offers a seamless and fast way to transfer USDC on Ethereum and Solana at zero transaction cost.
The partnership has allowed FTX to integrate with Circle APIs, as well as establishing USD Coin (USDC) payment support across its FTX and Blockfolio services. Building on Circle API Services gives FTX more control over their customer experience while enabling payments and payout rails through Automated Clearing House (ACH), global wire transfers and credit and debit cards.
USDC has recently been experiencing huge growth, making it the world’s fastest growing regulated dollar digital currency. Currently, USDC in circulation has grown to over 15 billion. In response of its popularity, many firms in the blockchain ecosystem started to incorporate USDC support into their products and services.