Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: MRM on September 10, 2020, 08:44:06 PM

Title: Amid Stablecoin Boom, Coinbase's USDC Expands to Algorand
Post by: MRM on September 10, 2020, 08:44:06 PM
Circle and Coinbase want a whole new community of users to access its stablecoin, USDC. The second-most popular US dollar-pegged stablecoin, USDC, today found a new home on the Algorand blockchain.

This means that the stablecoin developed by Centre—a partnership between leading US crypto exchange Coinbase and payments firm Circle—has finally reduced its reliance on Ethereum, the other major blockchain network that houses USDC, since announcing its intention to migrate in June.
Source: https://decrypt.co/41345/amid-stablecoin-boom-coinbases-usdc-expands-to-algorand