Crypto
Circle Scoops Up 1000+ Patents from IBM to Fuel USDC Ambitions
USDC issuer Circle has made significant moves in recent weeks, and one of its most notable deals is with IBM. The company has acquired a portfolio of over 1,000 patents from IBM, which could potentially boost its stablecoin offerings.
The acquisition of these patents marks a major expansion for Circle, particularly in the realm of blockchain technology. This move could position USDC as a leading contender in the global payments landscape.
In related news, Circle has been expanding its presence in South Korea through partnerships with Kakao and Toss Bank. The company aims to explore stablecoin payment infrastructure in the region.