Circle Product VP: USDC chain expansion part of 'multichain' vision
Speaking with Cointelegraph, Circle’s vice president of Product Joao Reginatto emphasized that devs soon won’t care what blockchain they build on, as interoperability will be key. USD Coin (USDC) issuers Circle have announced that it will soon roll out its stablecoin across five additional networks including Polkadot, Optimism, NEAR, Arbitrum and Cosmos. The firm first dropped the news at the Converge22 event on Sept. 28, and noted that support for most of these blockchains will be rolled out by the end of 2023, while USDC on Cosmos will go live at the start of 2023. In a Sept. 28....
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Circle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further expanding the reach of the currency in the cryptocurrency market. With the addition of USDC as the first stablecoin in its ecosystem, Hedera aims to start developing its own decentralized finance (defi) environment, and it is now offering more than $2.5 billion in ecosystem grants.
Circle to Support Hedera-Based USDC
Circle, one of the leading crypto payment....
Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology. Circle Reveals Polygon-Supported USDC Circle has revealed that usd coin (USDC) is now hosted on the Polygon network and the addition means USDC is now available via nine different blockchain networks. Polygon is a large crypto ecosystem with more than 19,000 decentralized applications (dapps)....
Circle, a USDC stablecoin issuer, is incorporating the use of Polygon USDC into its payment system. The organization stated this on Tuesday, June 7. As a result, operations on Circle APIs will now take a new dimension for developers. For example, integrating fiat currencies into Polygon USDC is now a simple task. Several emerging NFT […]
Circle and the Stellar Development Foundation (SDF) announced that the second-biggest stablecoin is now available within their network. USD Coin (USDC) is accessible through five integrated wallets, and it can be tradeable on their ecosystem, said the USDC issuer. Stellar Has Been the Official Chain of USDC Since October 2020 Per the announcement, the stablecoin is available in any Stellar (XLM) account through Lobstr, Solar, Stellarport, Stellarx, and Stellarterm wallets. Moreover, people could trade USDC across an ecosystem that has over 9,000 assets. In October 2020, the SDF and the....
Circle Internet Financial (CRCL), the firm behind the USDC stablecoin, has announced a significant investment in Hyperliquid (HYPE), a layer-1 blockchain that has experienced high demand this year. Circle’s Strategic Move Into Hyperliquid As part of this initiative, Circle has launched Native USDC and Cross-Chain Transfer Protocol (CCTP V2) on HyperEVM, an Ethereum Virtual Machine (EVM) integrated into Hyperliquid’s layer-1 blockchain. This move is expected to streamline the adoption of USDC and enhance its utility. Plans also include enabling direct deposits and ensuring CCTP....