Overview
- Circle’s venture arm confirmed a strategic investment in Crossmint to scale USDC across multiple networks and real-world payment rails.
- Crossmint says the integration targets near-instant settlement and developer tooling for enterprises as well as emerging machine-to-machine use cases.
- MoneyGram launched a Colombia app using Crossmint infrastructure that lets users receive and store USDC as a dollar alternative.
- Crossmint also disclosed a partnership with the Tempo blockchain, which was incubated with backing from Stripe and Paradigm.
- Market context remains competitive, with CoinGecko data showing USDT leading USDC by a wide margin in trading volume and market capitalization.