![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Worldpay Adds USDC Stablecoin as a Payment Option for Customers in the USA and Europe
May 27, 2025 at 11:50 pm
The USDC token, issued by Circle, is one of the fastest-growing assets in 2025, both in terms of supply and influence on multiple platforms.
The payment processing company Worldpay will be adding the stablecoin USDC as one of its payment options in the US and Europe. The USDC token, issued by Circle, is one of the fastest-growing assets in 2025, both in terms of supply and influence on multiple platforms. The adoption comes ahead of Circle’s planned IPO, further solidifying the reputation of USDC as a regulated and widely accepted stablecoin.
Worldpay, recently acquired by Global Payments Inc., processes a yearly turnover of $2.5T, nearly catching up with the entire crypto market, which is estimated at $3.3T in yearly transactions. The app’s decision to add USDC comes at a time when stablecoin transfers are trending, now surpassing the volumes on VISA and Paypal and largely exceeding the volume of international remittances.
On the payment side, Worldpay will be using the services and infrastructure of BVNK. Fireblocks will ensure the connection to the crypto side, potentially using its gasless technology. Fireblocks specializes in simplifying crypto payments and has experience with fast onboarding for new payment gateways.
Previously, Worldpay participated in VISA’s pilot program to settle USDC payments on the Ethereum chain. USDC remains widely used in payment apps, including crypto-native services from Crypto.com and Coinbase Pay. Most of the USDC activity is still on Ethereum, but it has also spread to new platforms like Sonic. Solana, Base, BSC, and Avalanche remain the chief platforms for on-chain USDC transfers, in addition to the newly introduced Circle Payments Network.
The addition of USDC follows its recent adoption through the Stripe payment app. USDC is also growing its presence through Circle’s native Circle Payments Network, officially launched on May 21.
Worldpay specializes in targeted money transfers, where businesses need a reliable payment disbursement team. The app is used in online markets to cover seller accounts as well as for freelance payments. The platform already carries 135 fiat currencies.
Stablecoins have been mostly used for crypto trading on centralized markets, DEX, as well as for various forms of passive income. Involvement with fintech apps is still rare, with small-scale partnerships testing the viability of partnerships.
Worldpay picks USDC as a fully compliant asset
The selection of USDC comes after the asset secured MiCA certification in the European Union and completed registration with the Financial Conduct Authority (FCA) in the UK. As a transparently asset-backed token, USDC will also face no difficulties, even with the upcoming US crypto stablecoin bill.
The compliance allowed Circle to be more confident with USDC minting. In the past 12 months, the supply increased from 32B tokens to over 60B, recently peaking at above 61B. USDC still has a market share of 25.5%, lagging behind Tether’s USDT. Despite this, USDC transfers have been growing in the past months.
Most of the USDC supply is still based on Ethereum, but over 11.5B tokens remain on Solana after active minting in 2025. USDC aims to remain a transparent token with the potential to freeze assets in the case of malicious transactions.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
- SUI enjoys a secure 11th position in the hierarchy of the world's digital assets with a market capitalization of $13.21 billion.
- Jun 05, 2025 at 12:00 pm
- Being a well-established cryptocurrency, SUI is enjoying a secure 11th position in the hierarchy of the world's digital assets with a market capitalization of $13.21 billion.
-
- Coinbase Will Make History by Becoming the First Cryptocurrency Company to Join the S&P 500 Index
- Jun 05, 2025 at 12:00 pm
- Coinbase is set to make history by becoming the first cryptocurrency company to join the S&P 500 index. The major US-based crypto exchange will be added to the prestigious stock market index on May 19, 2025, marking a watershed moment for the digital asset industry.
-
-
-