The dream of cryptocurrency projects is for traditional financial institutions to export their products on their own networks. Now Circle, the world’s second largest stablecoin issuer, is launching its special stablecoin for banks by partnering with Aleo. This development is great for both Circle and Aleo. Following the announcement, Aleo was bullish.
Aleo Coin Rise
The largest US stablecoin issuer and the company behind USDC. circle is launching a bank-only stablecoin. This new stablecoin, which enables bank-standard privacy, will be launched on the Aleo network because its privacy capabilities are exactly what banks need.
USDCx This stablecoin, which enables secret transaction records and asset flows, works differently from its competitors such as USDT and USDC. The new stablecoin, which aims to provide bank-level privacy for corporate payments and high-value transactions, will leverage the privacy capabilities of the Aleo network. this situation Aleo Coin price resulted in an increase of 10 percent.
