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Circle and LianLian Global explore stablecoin cross-border payment infrastructure, USDC accelerates global settlement upgrade
On December 17, 2025, Circle Internet Group and LianLian Global signed a Memorandum of Understanding, announcing the exploration of stablecoin-based cross-border payment infrastructure with the goal of providing faster, lower-cost, and more reliable international payment solutions for global merchants and digital platforms. The two parties will focus on evaluating the application potential of USD stablecoin USDC in high-frequency, large-scale cross-border payments and promoting the modernization of fund management and settlement processes.
This collaboration combines Circle's technological advantages in stablecoins and blockchain with LianLian Global's experience in cross-border payment compliance and network coverage. Circle is the issuer of USDC, with a circulation of approximately $73.7 billion; LianLian Global, headquartered in Hangzhou, serves about 7.9 million customers and holds over 65 regulatory licenses worldwide. The two parties will also explore payment application scenarios based on Circle Arc blockchain, a Layer-1 network designed specifically for stablecoins and financial services, which went live on the testnet in October 2025.
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