TechFlow News, October 29 — According to an official blog post, stablecoin issuer Circle has signed a memorandum of understanding with Hong Kong Telecom (HKT) to jointly develop blockchain-based customer loyalty solutions. The collaboration will combine Circle’s Web3 service expertise with HKT’s merchant ecosystem to deliver innovative customer engagement experiences for businesses in Hong Kong.
Circle co-founder and CEO Jeremy Allaire said the partnership will redefine loyalty programs through blockchain technology, equipping merchants with tools needed to thrive in the digital economy. HKT Digital Ventures CEO Monita Leung also emphasized that the collaboration will help businesses build deeper connections with their customers.
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