Company
Date Published
Author
Team Circle
Word count
676
Language
English
Hacker News points
None

Summary

Circle Internet Financial is expanding the reach of its USDC stablecoin by launching it on six new blockchain ecosystems: Base, Cosmos via Noble, NEAR, Optimism, Polkadot, and Polygon PoS during September and October. This expansion, part of a broader initiative dubbed "Stable September," follows the launch of Circle's Cross-Chain Transfer Protocol and Web3 Services, aiming to enhance USDC's accessibility and utility. The move will increase USDC's presence from nine to fifteen ecosystems, offering developers a stable digital dollar foundation to work with, enhancing global transactions’ speed, safety, and efficiency. Each new blockchain offers unique features, such as Base's low-cost Ethereum Layer 2, NEAR's high-speed transactions, and Polkadot's scalable Web3 platform, providing diverse opportunities for developers and businesses to integrate USDC into decentralized applications. This multi-chain strategy reflects Circle's commitment to extending the stablecoin's reach and improving the user experience by leveraging the capabilities of different blockchain technologies.