Island Pay integrates USDC to promote financial inclusion in Latin America and the Caribbean

July 26, 2023

Through this collaboration, the CiNKO wallet will use USDC as its primary currency and medium of exchange. In addition to peer-to-peer transactions, the CiNKO wallet will also provide business-to-business and business-to-consumer solutions such as global payrolls. The CiNKO digital wallet is currently available in the Google Play store and Apple App store. Island Pay is an approved financial institution of the Bahamian Central Bank Digital Currency and holds licenses as a Payments Service Provider and Electronic Money Issuer in Latin America and the Caribbean. About Island PayIsland Pay, founded in 2016, is quickly revolutionizing the way people across the Caribbean and Latin America use and access money.

The source of this news is from Circle