Ivy introduces USDC and EURC to payment infrastructure

Source
Son Min

Summary

  • German fintech company Ivy announced that it has added USDC and EURC to its real-time payment infrastructure.
  • Ivy stated that this introduction will enable smoother corporate fund settlements and stablecoin exchanges across Europe.
  • CEO Ferdinand Davids noted that fiat currency can now be instantly used as USDC and EURC.

German fintech company Ivy has added the US dollar-based stablecoin USDC to its real-time payment infrastructure.

According to CoinDesk on the 2nd (local time), Ivy announced in a press release, "We have added USDC and EURC (euro-based stablecoin) to our real-time payment infrastructure," adding, "This will facilitate corporate fund settlements and stablecoin exchanges across Europe."

Ferdinand Davids, CEO of Ivy, stated, "Real-time payment infrastructure and stablecoins must go hand in hand," and "Users will be able to instantly use fiat currency as USDC and EURC."

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?