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US startup Circle to build bigger stablecoin presence in Asia: CEO

Payments group to 'demonstrate' value of crypto reserve currency in Singapore

Circle unveiled plans to set up a hub in Singapore to test stablecoins with companies in the city state.  (Source images from Circle website)

TOKYO -- U.S. payments group Circle said it will make more investments in Asia to expand the use of its stablecoin, a fast-growing cryptocurrency pegged to the U.S. dollar, in the region.

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