Circle Account and API services now support USDC on Stellar

Circle Internet Financial has announced comprehensive support for USDC on the Stellar blockchain across all its products, marking a significant step toward establishing USDC as a global standard for digital commerce. Stellar, known for its scalability, speed, and low transaction costs, aims to provide equitable financial access, boasting over 4.8 million accounts and 1.5 billion transactions since its 2015 launch. With the integration, Circle Account and API users can seamlessly convert, transfer, and manage USDC across different blockchains, enhancing interoperability and allowing users to engage in international transactions effortlessly. The initiative aligns with Circle's mission to elevate global internet prosperity and responds to the rapid growth of USDC, which saw a 1000% increase in circulation in 2021. Stellar's network, favored by enterprises and startups, facilitates near-instant cross-border payments and supports various financial use cases, offering developers innovative tools for financial operations.

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