<ul><li>Intercontinental Exchange (ICE) and Circle Internet Group, Inc. have signed an agreement to explore using Circle's stablecoin USDC and tokenized money market offering USYC for developing new products and solutions.</li><li>Circle's USDC is a fully reserved stablecoin designed to maintain price equivalence to the US dollar, with over $60 billion in circulation as of March 26, 2025.</li><li>The majority of the USDC reserve is invested in the Circle Reserve Fund, an SEC-registered government money market fund.</li><li>Under the agreement, Circle and ICE plan to collaborate to explore applications for using Circle's stablecoins and other product offerings within ICE's derivatives exchanges, clearinghouses, data services, and other markets.</li></ul>

ICE and Circle Sign MOU to Explore Product Innovation Based on Circle’s USDC and USYC Digital Assets

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