Bitkub has joined hands with Circle, a peer-to-peer payment platform developer, to promote the digital stablecoin USDC in Thailand.
A stablecoin is a type of cryptocurrency whose valuation follows another asset or currency. USDC is a stablecoin pegged to the US dollar.
Jeremy Allaire, chief executive of Circle, met with Ruamporn Siratanapanta, deputy chief executive of business and strategy at Bitkub Online, and Sugrit Phutaviriya, chief executive of Bitkub Academy on Monday and solidified their partnership at an agreement signing ceremony.