World · Institutional · United States ·
Circle buys nearly 1,000 blockchain patents from IBM
Circle, the company that issues the USDC stablecoin, is acquiring close to 1,000 blockchain patents from IBM, covering areas including supply chain, banking, insurance, and cloud security. Financial terms were not disclosed.
Why it matters for the crypto market
A major stablecoin issuer acquiring a large blockchain patent portfolio could strengthen its competitive position as regulators work on rules for digital payment products.
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