Intercontinental Exchange, the clearinghouse service provider and operator of the New York Stock Exchange and other exchanges that offer services such as the New York Stock Exchange and Intercontinental Exchange’s stablecoin project are collaborating in order to integrate the use of the stablecoin into ICE operations.
Circle US Dollar stablecoin will be explored by the companies.USDCICE has announced a Memorandum of Understanding (MoU), which will allow ICE to integrate its US Yield Coin and its clearinghouses into their derivatives exchanges and data systems.
Lynn Martin, President of the New York Stock Exchange (NYSE), issued the following statement in conjunction with the news about the collaboration:
“We believe Circle’s stablecoins and tokenized digital currencies can play a larger role in capital markets as digital currencies become more trusted by market participants as an acceptable equivalent to the US Dollar. We are excited to explore the potential use cases for USDC and USYC across ICE’s markets.”
Nasdaq: The integration of real-world tokenized items and stablecoins into settlement systems for exchanges is possible. announcing 24-hour weekday trading The New York Stock Exchange plans to begin trading in 2026. extend trading hours As traditional financial market shifts toward a greater global orientation, this week.
Stablecoins market by major issuers. Source: RWA.XYZ
Related: ‘Stablecoin multiverse’ begins: Tether CEO Paolo Ardoino
Stablecoins become a popular store of value in developing areas
Bitso is a popular online marketplace. “Crypto Landscape in Latin America 2024” reportAmong the stablecoins that were used, Tether USDt and Circle USDC accounted. 39% of crypto purchases USDC is the dominant stablecoin in the Asia-Pacific region. It accounts for approximately 24% of total stablecoins.
Stablecoins were cited as a way to store value when local currencies are depreciating rapidly due to high inflation.
A 2023 report Chainalysis discovered that stablecoins are a good investment. comprised the vast majority of crypto value The Latin American region is where tokenized fiat currency instruments are preferred to Bitcoin.BTCAs a means of storage.
USDC is the most popular crypto currency in Latin America. Source: Bitso
Stablecoins have low transaction costs and are easy to use. They’re also fast and convenient for cross-border transactions.
Stablecoins were adopted in large numbers in 2024 due to these features. In January 2025, a study showed that the adoption of stablecoins would be astronomical. report Transfer volumes of stablecoins on CEX.IO surpassed the combined volume Visa and Mastercard will be available in 2024.
Stablecoins surpassed Visa and Mastercard in 2024 by 7.7%, with a transfer volume of $27.6 trillion.
Magazine: Unstablecoins: Depegging, bank runs and other risks loom
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Source: cointelegraph.com
