Summary
- Baanx announced that it has launched a Rewards Wallet in partnership with Circle.
- It stated plans to use USDC as the main reserve to provide incentives.
- It was reported that users can receive benefits such as cashback and fee discounts on the Baanx platform.
On the 28th (local time), according to the virtual asset (cryptocurrency) specialized media CoinDesk, Mastercard partner and digital asset card intermediary Baanx has partnered with Circle, the issuer of the stablecoin USD Coin (USDC), to launch a Rewards Wallet.
The wallet is designed based on Circle's programmable wallet technology. It uses Circle USDC as the main reserve (treasury) token and plans to utilize it in incentive programs. Users can receive benefits such as cashback, fee discounts, and subscription services on the Baanx platform.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
