According to Foresight News, Jeremy Allaire, co-founder of Circle, stated on X that the Philippine digital currency app GCash has announced that its mobile wallet now supports the US dollar stablecoin $USDC, allowing users to receive, purchase, hold, or trade USDC. GCash is currently preparing for an IPO, aiming to raise between 1 billion and 1.50 billion USD, and is building its suite of financial products in addition to payments.
According to Foresight News, Jeremy Allaire, co-founder of Circle, stated on X that the Philippine digital currency app GCash has announced that its mobile wallet now supports the US dollar stablecoin $USDC, allowing users to receive, purchase, hold, or trade USDC. GCash is currently preparing for an IPO, aiming to raise between 1 billion and 1.50 billion USD, and is building its suite of financial products in addition to payments.