Legend Trading launches USDC fast trading and settlement services in the Asia Pacific and Latin America regions.
Legend Trading announced a partnership with Circle to jointly launch more convenient and user-friendly digital dollar services in the rapidly growing Asia-Pacific (APAC) and Latin America (LATAM) markets, enabling USDC to better serve institutional clients in both regions. Legend Trading is a top US compliant cryptocurrency trading service provider, serving over 800 institutional clients and high net worth individuals. In addition to Europe and the United States, Legend Trading has also accumulated a large user base in Latin America and the Asia-Pacific region; Circle is a multinational financial technology company and the official issuer of USDC.
USDC is a compliant, secure, blockchain-based digital dollar that is permanently pegged to the US dollar at a 1:1 exchange rate. As a leading cryptocurrency trading institution, Legend Trading's trading platform provides excellent liquidity and high settlement efficiency, making it the preferred choice for institutional clients trading USDC. Legend Trading's trading and settlement system is deeply integrated with the underlying banking network, ensuring seamless and instantaneous automatic conversion between USDC and fiat currencies.
Legend Trading CEO Hao Chen commented on the partnership, saying, "The collaboration with Circle demonstrates our firm commitment to innovation and our leadership position in the institutional liquidity business. With Circle, we will bring our customers a seamless USDC trading experience. The explosive growth of the cryptocurrency industry in the Asia-Pacific and Latin America regions is evident, and we are pleased to further increase USDC adoption in both regions."
Circle Chief Business Officer Kash Razzaghi said, "Legend Trading expanding its USDC business means its solid customer base will have secure, efficient, and always-on settlement services. We continue to see strong demand for USDC in the Asia-Pacific and Latin America. Partnering with Legend Trading will help us unleash and promote the liquidity of the digital dollar in these key markets."
USDC is a trusted digital dollar with full reserves in the market. This official partnership will help Legend Trading provide fast and efficient settlement services for USDC, making it easier for institutional users outside the United States to access and use USDC.
About Legend Trading
Legend Trading is a leading US compliant cryptocurrency trading platform trusted by over 800 institutional clients, with an annual trading volume of over $10 billion. Its OTC trading business offers high liquidity and personalized services, suitable for brokers, investment advisors, family offices, private companies, and high net worth individuals. Legend Trading also provides a user-friendly fiat deposit channel product called Legend Pay, which can be integrated with banks, cryptocurrency exchanges, wallets, and NFT trading platforms, allowing its global users to purchase cryptocurrencies through bank transfers and credit cards. For more information, please visit: https://legendtrading.com/
About Circle
Circle is a multinational financial technology company dedicated to empowering businesses of all sizes to harness the power of digital currencies and public blockchains, benefiting global payments, commercial activities, and financial applications. Circle is the issuer of USDC and Euro Coin stablecoins, based on an internet-based, highly liquid, interoperable, and secure currency protocol. Circle's open programmable platform and application programming interface (API) enable organizations to easily conduct their online business, whether it's cross-border payments, globally available Web3 applications, or internal financial management. For more information, please visit: https://circle.com
