The Circle Pressroom

Press Release
September 6, 2023

Legend Trading to Offer Rapid USDC Trade and Settlement Services in APAC and LATAM

Legend Trading, a top-rated U.S.-regulated cryptocurrency trading firm that serves over 800 institutional clients and high-net-worth individuals, is working with Circle, the global fintech firm and issuer of USDC, to expand rapid, user-friendly access to USDC for institutional customers. The collaboration is designed to enhance the accessibility and utility of digital dollars in Latin America (LATAM) and Asia-Pacific (APAC), two rapidly growing markets.

USDC is a trusted and transparent digital dollar that’s always redeemable 1:1 for U.S. dollars. As a premier crypto trading firm, trading through Legend’s platform provides deep liquidity and high settlement efficiency, presenting an attractive solution for institutional clients to access USDC. The integration of their trading systems and banking network ensures seamless, instantaneous auto-conversions between fiat money and USDC.

Hao Chen, CEO of Legend Trading, commented on the collaboration, stating, “This partnership with Circle represents our unwavering commitment to innovation and leadership in the institutional liquidity market. We have always aimed to be at the forefront of change. With Circle, we can offer our clients a seamless and efficient USDC trading experience. Both APAC and LATAM have shown explosive growth in the crypto realm, and we're excited to propel USDC adoption to new heights in these markets.”

“Expanding USDC access through Legend Trading provides their robust institutional client base with stable, efficient, always-on settlement infrastructure,” said Kash Razzaghi, Chief Business Officer at Circle. “We continue to see significant demand for USDC in APAC and LATAM and working with Legend Trading will help unlock liquidity and access to digital dollars in these key markets.”

This initiative underlines the importance of offering a rapid and efficient settlement service for USDC on Legend Trading's platform, and provides a trusted, full reserve digital currency to the platform’s expanding client base.