Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Tnoy30 on June 25, 2020, 04:53:59 PM
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The CENTRE consortium, led by Coinbase and Circle, announced Thursday its U.S. dollar-backed stablecoin, USD Coin (USDC), would be launched on the Algorand blockchain as part of a new collaboration with the Algorand Foundation.
Circle said it would also support digital dollar stablecoins that are interoperable with USDC on Algorand’s blockchain, according to a press release shared with CoinDesk. According to the firm, this will allow customers to easily move funds from their bank account or card into stablecoins on the Algorand blockchain.
Read on: https://www.coindesk.com/circle-coinbase-bring-usdc-stablecoin-to-algorands-blockchain