ABCC Exchange Announces Partnership with Circle Pay

Rising cryptocurrency exchange platform, ABCC Exchange, is announcing a strategic partnership with Circle Pay, a global financial technology firm that enables businesses of all sizes to harness the power of stablecoins and public blockchain for payments, commerce, and financial applications, to provide users with an enhanced frictionless trading experience. Through the use of USD Coin (USDC), a stable coin that Circle is the principal developer of, ABCC users will be able to trade quickly and securely through a simple wire transfer within its platform.

Headquartered in Singapore, ABCC Exchange is one of the world’s leading digital assets platforms that aims to provide a secured and seamless experience for its users. This proprietary global online platform operates as both a cryptocurrency exchange and provides over-the-counter trading services. With an aim to create a symbiotic ecosystem between users, investors, and developers, ABCC Exchange facilitates a seamless flow of information among its stakeholders. 

With crypto trading evolving beyond being simply a hype, ABCC Exchange’s partnership with Circle Pay will remove the barrier that existing and new users face when having to transfer fiat money into and out of crypto platforms. This ease of transference will not only make crypto trading quicker and flexible across tokens and funds, but the inclusion of trading via USDC will also provide them with greater financial and operational transparency. Redeemable on a 1:1 basis against USD, Circle Pay’s USDC tokens (available as Ethereum ERC-20) allow for higher security, liquidity, and greater accessibility to ABCC Exchange’s global users.

Boasting a user-friendly interface, the integration of Circle Pay will be available for users from August 2021 onwards and will combine the innovative technology behind stablecoins and blockchain with traditional payment modes of wire transfers and card payments.

“At ABCC Exchange, we focus on evolving our platform to cater to the needs of existing and new users. With more individuals looking to invest in digital assets, this partnership with Circle Pay will remove the need to rely on third-party applications, accounts, and wallets to create a seamless experience for both experienced and novice traders — placing our users first,” said Alan Li, Chief Executive Officer at ABCC Exchange.

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Since its launch in 2018, ABCC Exchange has grown in its trading capacity, with daily trading volume in the last 3 months having increased 5 times to US$50,000,000. Users are also protected against potential fraud through the constant upgrade of their KYC system to enhance onboarding and verification processes. The platform also offers the trading of DeFi, Web 3, and NFT tokens, as more trading pairs are being introduced in line with the launch of the ABCC 2.0 platform.

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