USDC Stablecoin Goes Live on the Stellar Blockchain

2021-2-3 00:01

One of the leading dollar-pegged stablecoins, USD Coin (USDC), has gone live on the Stellar blockchain.

USDC Added to Stellar Ecosystem

Developers building on the Stellar blockchain can now make use of the dollar-pegged USDC stablecoin.

With the announcement, Stellar is the fourth blockchain to support the stablecoin, following Ethereum, Algorand, and Solana.

Stellar allows cross-border transactions with settlement times within five seconds. As such, it will facilitate fast USDC transactions. It will also allow users to make USDC transactions with negligible fees, whereas Ethereum’s gas fees can be quite expensive.

USDC is the second-largest stablecoin after Tether (USDT). It was launched in 2018 by CENTRE, the result of a partnership between the crypto companies Circle and Coinbase. Currently, there are $6 billion of USDC tokens in circulation.

New Uses for USDC

The integration brings instant value to the Stellar ecosystem and will create new opportunities for USDC.

“Businesses and developers will benefit from Circle’s scale and liquidity to deliver on the kinds of products and use cases the Stellar was designed for, especially cross-border payments and tokenization,” Stellar Development Foundation CEO Denelle Dixon stated in a media release.

The stablecoin will be available across all projects within Stellar’s ecosystem. It will be tradable with over 9,000 digital assets, according to the Stellar Development Foundation.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

USCoin (USDC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 USDC

stellar blockchain live stablecoin goes usdc

Источник: cryptobriefing.com

stellar blockchain → Результатов: 126


Фото:

Bitcoin Spark: Igniting a New Era of Cryptocurrency with Stellar Performance

Fintech, including payment systems and monetary transfers, has become popular thanks to blockchain technology. The blockchain ecosystem significantly lowers trading and money transfer costs. Cryptocurrencies like BTCS and XLM have recently had a tremendous run with an imminent outburst and soaring digital assets’ prices with the incoming bull market. What is Stellar? Stellar is a […]

2023-8-30 20:26


Соучредитель Stellar попал в ТОП-10 значимых лиц индустрии Blockchain

Соучредитель Stellar, седьмой по популярности криптовалюты, стал одним из десяти самых влиятельных людей в индустрии Blockchain. Сообщение Соучредитель Stellar попал в ТОП-10 значимых лиц индустрии Blockchain появились сначала на Freedman.

2018-7-7 21:24


Ludum ICO (LUD Token): Trusted Stellar Based Lottery Platform?

What Is Ludum? LUDUM project is an online lottery platform built on the Stellar Blockchain to ensure an utterly transparent gaming experience with no chances of fraud. With the traditional lotto games potentially manipulating results, there is every reason for individuals to establish more suitable technology that could help them trust and play the lottery. […]

2018-7-1 08:18


Stellar может купить блокчейн-стартап Chain за $500 млн

Stellar Development Foundation ведет переговоры о приобретении разработчика блокчейн-решений для финансовой индустрии Chain. Сумма сделки может составить $500 млн, сообщает Fortune. Ранее компания Chain привлекла более $43 млн от Khosla Ventures, RRE Ventures, Blockchain Capital, Pantera Capital, Nasdaq, Visa, Citi Ventures, Thrive Capital, BoxGroup и Haystack.

2018-6-21 13:40


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Riot Platforms completes $525M offering to buy Bitcoin

Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B. The post Riot Platforms completes $525M offering to buy Bitcoin appeared first on Crypto Briefing.

Nasdaq-listed Worksport adopts BTC, XRP for treasury strategy

Worksport's crypto adoption may enhance financial agility and shareholder value, reflecting a broader trend of digital asset integration in corporate treasuries. The post Nasdaq-listed Worksport adopts BTC, XRP for treasury strategy appeared first on Crypto Briefing.