LuLu lowers settlement costs 30% with Circle USDC
LuLu Financial Holdings has cut cross-border settlement costs by 25% to 30% after adopting Circle’s USDC stablecoin and Circle Mint for remittance flows across the Gulf, Middle East, North Africa and Asia-Pacific, according to figures released by Circle. The payments group also recorded a 40% increase in cross-border settlement volume after shifting part of its treasury and settlement…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
