Company
Date Published
Author
Joao Reginatto
Word count
234
Language
English
Hacker News points
None

Summary

Circle Internet Financial has introduced support for USDC on the Algorand blockchain, enabling business owners and stakeholders to send USDC with no fees through their Circle Business Account. This implementation offers rapid on-chain transactions with settlement finality in just five seconds, making it a fast and straightforward method for transacting digital dollars online. The integration is part of Circle's comprehensive suite of products and APIs, which developers can utilize for payments, commerce, and financial applications by connecting to banks and cards, managing digital currency wallets, and creating custom financial solutions. The USDC asset on Algorand can be tracked for circulating supply and transaction details, highlighting its integration into Circle's broader ecosystem.