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Circle Ventures Invests in Crossmint to Grow USDC Access, Prep AI-Driven Payments

The deal centers on integrating Crossmint wallets, APIs, and orchestration with USDC infrastructure to widen onramps across blockchains.

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.