NYSE and ICE Exploring Integration of Circle’s Stablecoin

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Circle is partnering with Intercontinental Exchange (ICE) to explore the broader use of stablecoins.

Announced on Thursday, March 27, the partnership will have ICE — operator of The New York Stock Exchange (NYSE) — explore using Circle’s USDC stablecoin to develop new products and solutions for its customers.

“ICE’s reputation and global network provide a unique opportunity for Circle to integrate USDC into significant new use cases, and we are excited to innovate together,” said Circle Co-founder and CEO Jeremy Allaire.

The partnership aims to explore the use of Circle’s stablecoins and other offerings across ICE’s derivatives exchanges, clearinghouses, data services, and other markets.

“We believe Circle’s stablecoins and tokenized digital currencies can play a major role in capital markets as they become more trusted by participants as an acceptable equivalent to the US Dollar,” stated Lynn Martin, NYSE president.