Wu learned that Circle announced the launch of Stablecoin Payouts service for Circle Mint Singapore partners, further expanding its global payment infrastructure into Asia. Circle stated that as the demand for faster, more transparent, and more efficient cross-border payments increases, Singapore has become an important expansion node for its global payment network. The service will provide payment service providers, fintech companies, and global payment enterprises with more automated payment processes, with USDC as the core support for compliant cross-border fund transfers.