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In a bid to increase its market share, Circle has announced the launch of USDC on Polkadot.

Circle has launched the native version of USDC in the Polkadot ecosystem of parachains, further expanding the reach and use cases of the dollar-backed stablecoin. Polkadot builder Parity Technologies CFO Fahmi Syed discusses the rollout and also shares insights into institutional interest and activity in Polkadot.

Circle announced new Polkadot integration for USDC's versatility, expanding accessibility across cryptocurrency networks.

Wormhole integrated with Circle's Cross-Chain Transfer Protocol, allowing USDC to be sent between Ethereum, Avalanche, Arbitrum and Optimism.

In a groundbreaking development, Polkadot, the innovative blockchain platform, has ushered in a new era of possibilities by integrating USDC (USD Coin) into its Asset Hub. This integration eliminates the need for bridges and empowers parachains to seamlessly access the renowned stablecoin, opening doors to enhanced liquidity and convenience within the Polkadot ecosystem.

Circle emphasized that Circle Account and Circle APIs will exclusively facilitate the use of Polkadot USDC, natively issued within the Polkadot Asset Hub.

The newly launched Polkadot USDC is natively issued on the Polkadot hub, simplifying the process for users to transfer funds to parachains through the XCM protocol.

USDC, the second largest stablecoin after UDST, continues to expand across different blockchains following its launch on Polkadot. The move was officially announced by USDC's issuer, Circle, and mentioned that it would be immediately available for developers and users. The stablecoin can be transferred to parachains in Polkadot via the XCM protocol using the Circle account along with Circle APIs. Polkadot USDC is natively issued on Polkadot Asset Hub in the Polkadot ecosystem.

Circle, the issuer of the USDC stablecoin, has extended its reach by launching on the Polkadot network. This development not only amplifies the stablecoin's interoperability but also provides Polkadot's ecosystem with a robust financial tool.

USDC (CRYPTO: USDC) is now on Polkadot. What Happened: The stablecoin can be transferred to parachains in Polkadot through the XCM protocol using Circle Account and Circle APIs.

Polkadot, a network that facilitates interoperability among multiple blockchains, announced the integration of USD Coin (USDC) into its Asset Hub. According to a Tuesday announcement, the addition of USDC, which is a stablecoin pegged 1:1 to the U.S. dollar, aims to bolster liquidity and provide easier institutional access to Polkadot's ecosystem.

Circle, the issuer of USDC, has announced the official launch of USD Coin on the Polkadot network as of Sept. 19.

Circle has deployed USDC in the Polkadot ecosystem of parachains, further expanding the native availability of the dollar-backed stablecoin.

Circle, the issuer of the popular USDC stablecoin, has unveiled its latest move in the crypto market by integrating Polkadot USDC into the Polkadot network. This strategic development allows both developers and users on the Polkadot network to easily access Polkadot USDC and conduct seamless transfers to parachains via the XCM protocol.

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.

The implications of this integration are profound, as it marks a significant expansion of Circle's commitment to making USDC more accessible and versatile across different blockchain ecosystems. This decision goes beyond the conventional Ethereum Virtual Machine (EVM) blockchain support and demonstrates Circle's dedication to embracing innovation in the blockchain space.

In a surprising turn of events, the USDC stablecoin has achieved unprecedented levels of success, with its total circulation reaching an astounding $26 billion as of September 7th. This remarkable surge in popularity underscores the increasing trust and utility of this digital currency in the ever-evolving cryptocurrency landscape.

Key Points: Circle has made significant moves in the cryptocurrency market by issuing and repurchasing a substantial amount of USDC over the past week. These actions have resulted in an increase in USDC circulation by $100 million.

Mark Cuban, the renowned American investor and owner of the NBA's Dallas Mavericks, fell victim to a malicious hack after lying dormant for 160 days.

The recent partnership between Circle, the issuer of the USDC stablecoin, and the NEAR Foundation offers a compelling snapshot of the rapidly evolving crypto landscape. By introducing native USDC stablecoins on the NEAR blockchain, this alliance effectively ushers in a new era of financial flexibility.

The second-largest stablecoin by market cap, USD Coin (USDC), is now available natively on the Ethereum (ETH) competitor NEAR Protocol (NEAR). In addition to NEAR, USDC is also available natively on Algorand (ALGO), Arbitrum ( ARB), Avalanche (AVAX), Base, Ethereum, Flow, Hedera (HBAR), Noble, Optimism (OP), Solana (SOL), Stellar (XLM), and Tron (TRX).

In a significant move, Circle has integrated native USDC liquidity into the NEAR protocol ecosystem, revolutionizing digital finance.

In a groundbreaking development, software developers now have the power to leverage the NEAR blockchain's lightning-fast speed and unparalleled scalability to craft lightning-fast, user-friendly applications using USDC (USD Coin). With support for widely-used programming languages like JavaScript and Rust, this integration opens up a world of possibilities.

FinTech company and issuer of USD Coin (CRYPTO: USDC), Circle introduced the native stablecoin liquidity access on the Layer-1 Blockchain NEAR (CRYPTO: NEAR) protocol ecosystem. Circle has officially issued Native USDC and is always redeemable 1:1 for U.S. dollars.