BiyaPay analyst: USDC turning into US dollars in seconds is not a dream, Circle and other cryptocurrency giants enter the US banking industry

According to BlockBeats, on July 15th, more and more cryptocurrency companies are accelerating their entry into the traditional banking industry in the United States in order to gain compliance advantages in the more relaxed regulatory environment during the Trump administration. Industry giants such as Ripple, Circle (CRCL), and BitGo have applied for national trust banking licenses to further connect digital assets with traditional financial systems. Kraken has also announced plans to launch credit and debit cards in the near future, accelerating the integration of cryptocurrency into daily financial services. Circle stated that obtaining a trust license issued by the US OCC will be a crucial step in promoting the legal use of stablecoins such as USDC. At the same time, US lawmakers are discussing stablecoin regulatory bills such as the Genius Act, which may open legal and compliant financial doors for stablecoin issuers. This indicates a new trend: encrypted assets are gradually entering the mainstream financial system, and in the future, stablecoins such as USDT will be more convenient to directly exchange for US dollars, euros, and Hong Kong dollars. Under this trend, BiyaPay now supports USDT and USDC one click exchange for over 30 legal currencies, including US dollars, euros, Hong Kong dollars, Singapore dollars, etc. It supports fast and secure global remittances, allowing digital assets to truly "integrate" into real financial life.