Blockchain Stellar Will Soon Support USDC Stablecoin

[Cinno3]

The Center consortium, co-founded by Circle and Coinbase, announced that Stellar is now the official blockchain for USD Coin (USDC). USDC is expected to be available on Stellar in the first quarter of 2021. USDC was previously available on Ethereum and Algorand.

USDC supported by blockchain Stellar is the result of sustained growth in both tokens. Over the past six months, the volume of USDC in circulation has exceeded $2.8 bln. The Stellar network, which is used by financial institutions around the world to provide access to financial infrastructure, has over 4.6 mln accounts and has processed over 1 bln transactions since the launch.
More: https://bitnewstoday.com/news/blockchain-stellar-will-soon-support-usdc-stablecoin/