Stable Issuer Circle and Intercontinental Exchange (ICE), the company that runs the New York Stock Exchange (NYSE) and provides clearing services, to explore Stablecoin’s integration in ICE operations.
The companies will explore the potential integration of the US dollar Stablecoin (USDCThe USC’s return currency (USC) in ICE exchanges, house skipping, data services and other systems, under the Memorandum of Understanding (MO) announced on March 27.
Lin Martin, President of the New York Stock Exchange, issued this statement along with the news of the cooperative partnership:
“We believe that the Circle Stablecoins and the distinctive digital currencies can play a greater role in the capital market as digital currencies become more confident by the market participants as an acceptable equivalent of the US dollar. We are excited to explore the potential use of USDC and USC via ICE markets.”
It follows the potential integration of Stablecoins and the distinctive products of the real world in NASDAQ exchange systems Advertising trading 24 hours a week Starting in 2026 and the New York Stock Exchange plan Extension of trading hours During the week, with traditional financial markets turning towards a more global direction.
Stablecoin market collapsed by senior exporters. source: rwa.xyz
Related to: Start “Stablecoin Multiverse”: Tether Paolo Ardoino
Stablecoins appear as a valuable store in developing areas
According to Beto, “Cheerful Scene in Latin America 2024” a reportStablecoins, including USDT from Tether (USDT) and Circle’s USDC 39 % of encryption purchases In the region, with a USDC account by 24 % of the total Stablecoin size.
The report added that Stablecoins has become a valuable store against local currencies that decrease due to the pressure of large inflation.
2023 a report From the analysis series I found that stablecoins The vast majority consists of the value of encryption It was received in the Latin American region, where individuals prefer the distinctive FIAT tools to Bitcoin (BTC) As a value store.
Usdc was the most detained and transferred encryption in Latin America. source: Bitu
Low transactions costs, ease and speed of border transfers make Stablecoins ideal for international transfers and businesses.
These features led to a sharp rise in Stablecoin’s adoption in 2024. According to January 2025, January 2025 said a report From CEX.IO, Stablecoin Transport Sizes Override the joint folder From a visa and MasterCard in 2024.
Stablecoins recorded 27.6 trillion dollars in the transfer volume during 2024, spoiling the joint size of the visa and MasterCard by 7.7 %.
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