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Circle invests in Sei Blockchain Layer-One to expand use cases for USDC

Stablecoin issuer Circle is investing in a new Layer 1 blockchain to expand use cases for USDC, its dollar-pegged digital asset. In a new company blog post, the Sei Network (SEI), which claims to be the world’s fastest blockchain, claims that Circle’s venture capital arm is investing in it to expand the utility of USDC….