Intuit, Circle Internet Team Up for Financial Services Backed by Stablecoin Technology

MT Newswires Live12-18 22:51

Intuit (INTU) said Thursday it has signed a multiyear partnership with a unit of Circle Internet (CRCL) to develop financial services backed by stablecoin technology.

Financial details were not provided.

The agreement sets up a framework under which Intuit will use Circle's stablecoin infrastructure and USDC on Intuit's platform, the company said.

Price: 666.23, Change: +5.45, Percent Change: +0.82

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment