Circle co-founder: The digital currency application GCash has supported USDC

ChainCatcher news, Circle co-founder Jeremy Allaire announced on the X platform that the Philippine digital currency app GCash has announced that its mobile wallet supports the US dollar stablecoin USDC, allowing users to receive, buy, hold, or trade USDC.

It is reported that GCash is currently preparing for an IPO, aiming to raise between $1 billion and $1.5 billion. In addition to payments, the app is also building its suite of financial products.