The stablecoin Circle issuer has entered into a strategic partnership with BitoGroup and Taiwan FamilyMart. Their aim is to enable the evolution of the digital economy in Taiwan.

An extensive partnership involving three key industry players

This extended collaboration demonstrates the companies’ commitment to working together. They are keen to further develop their integration with popular applications such as Grab. In particular, these alliances will extend the reach of Circle’s worldwide Web 3 services network.

• Circle: issuer of the USD Coin (USDC), one of the world’s most successful and widely used stablecoins.
• BitoGroup: leading provider of cryptocurrency-related services in Taiwan.
• BitoGroup : principal fournisseur de services liés aux crypto-monnaies à Taïwan.

Benefits for users

This strengthened partnership also aims to improve the services offered to users. Donghao Liu emphasized that this initiative demonstrates the company’s commitment to its members. It’s an opportunity to offer various options and practices concerning the use of points.

• Members will be able to redeem their FamiPoints (loyalty points) for a wider range of cryptocurrencies, in just two simple steps.
• The collaboration promises to have a positive impact on the loyalty points economy in Taiwan.

An existing relationship between BitoGroup and Taiwan FamilyMart

Since 2014, customers have been able to buy Bitcoins in Taiwanese convenience stores thanks to the collaboration between BitoGroup and Taiwan FamilyMart. This extended partnership with Circle further strengthens this relationship. It marks a desire to further develop the services offered to users.

An example of successful cooperation

This major alliance with BitoGroup and Taiwan FamilyMart confirms Circle’s strategy. The latter is forging partnerships with major consumer brands and financial institutions in Asian markets. It is also a good example of cooperation between these three key industry players. Together, these companies are looking for innovative solutions to market needs.

What’s the outlook for the future?

With this type of collaboration, we can expect to see more similar synergies in the future. Indeed, the alliance between Circle, BitoGroup and Taiwan FamilyMart is a model that could be replicated in other regions. It supports the adoption of financial technologies and stimulates the digital economy.

Conclusion

This strategic alliance is an important step towards the realization of a global digital economy. It facilitates exchange and transactions in the cryptographic world. Users will benefit from increasingly innovative and accessible services, while contributing to the development of an ambitious digital future.