The Centre Consortium announced that USD Coin (USDC) is now an official blockchain for Stellar, with availability expected in Q1 2021. This partnership enables developers and users to leverage USDC for efficient cross-border transactions on Stellar's network.
The Centre Consortium, co-founded by Circle and Coinbase, announced that Stellar is now an official blockchain for USD Coin (USDC), with launch expected in Q1 2021. USDC has grown to over 2.8 billion in circulation with 500 percent growth in six months, while Stellar operates over 4.6 million accounts with 5-second ledger close times. The addition of USDC to Stellar leverages the stablecoin's deep global liquidity for cross-border transactions and opens new growth opportunities for developers and businesses on the network. Stellar becomes the third blockchain with native USDC support, strengthening its position in cross-border payments and financial inclusion.
