Circle Internet Financial (Circle), the issuer of the digital stablecoin $USDC, has announced today an “enhanced Points-to-Crypto” program in partnership with Taiwanese convenience store giant FamilyMart and crypto exchange BitoGroup.
According to Circle, the new service aims to allow users to conveniently convert their FamilyMart’s loyalty points into virtual currencies, including $USDC, and withdraw them to BitoPro wallet.
The tech company said in an X post and an official post on its website that the collaborations could show how $USDC can revolutionize daily experiences, enhance the practicality of digital currencies in real-world contexts, and contribute to a more open and inclusive global financial system.
More Uses Coming for Circle
Circle noted the emergence of loyalty point programs in Taiwan based on insights from a report published by the Market Intelligence & Consulting Institute (MIC).
One of the key…