According to official news from Odaily, Circle announced the launch of Circle Mint in Singapore, providing zero-fee USDC minting and redemption services to Singaporean customers. Fiat funds in users’ bank accounts can be instantly and automatically converted to USDC, and Circle Mint complies with MAS regulations. It is reported that Circle Singapore obtained the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS) in June this year.