Circle Links with FamilyMart and BitoGroup to Offer Points Transfer

Collaboration of Circle Offers Points to Crypto Conversion

A US based Stablecoin issuer, Circle has partnered with Taiwan's second-largest convenience store chain, FamilyMart, and the local crypto exchange, BitoGroup. 

They will provide 'Points-to-Crypto' service on the Taiwan FamilyMart App, permitting customers to convert loyalty points into Circle-issued USDC without transaction fees. Taiwan is also working on crypto regulations, with a draft expected by the end of November 2023.