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Announced

Coinbase to invest in Circle.

Synopsis

Coinbase, a cryptocurrency exchange platform, agreed to invest in Circle, a peer-to-peer payments technology company. Financial terms were not disclosed. "We believe that stablecoins can advance the real-world utility of crypto and help make the global financial system more open and inclusive. Together, we look forward to unlocking additional value by growing the USDC ecosystem, circulation and global adoption," Coinbase.

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