The purchase could tighten Circle’s control of regulated payout infrastructure while partner banks retain their own risks and duties. The post Why Circle is spending $400M to fix the last mile holding stablecoins back from real-world payouts appeared first on CryptoSlate .

Source: [CryptoSlate](https://cryptoslate.com/why-circle-is-spending-400m-to-fix-the-last-mile-holding-stablecoins-back-from-real-world-payouts/)

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