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Circle is set to unveil its native version of USD Coin (USDC) on the recently launched Base network. CEO Jeremy Allaire confirmed the impending development in a social media announcement on August 29.
Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre's digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to access USDC via Mercado Pago's services and leverage it as a digital representation of the U.S.
In a groundbreaking move poised to reshape the stablecoin landscape, Circle, the leading fintech company, has announced an eagerly awaited integration of its native USDC (USD Coin) with the OP Mainnet. This strategic development, strategically unveiled during the “Stable September” initiative, holds the potential to unveil a treasure trove of insights into the rapidly evolving stablecoin ecosystem.
USDC to be available natively on Optimism, boosting liquidity and user experience.
Ethereum-based Layer 2 blockchain protocol is set to welcome USDC stablecoin following a strategic partnership with Circle, the blockchain start-up behind the token issuance. As Circle announced, the USDC that will be launched will be native to the Optimism ecosystem and can be considered the official format of the stablecoin.
Coinbase (Nasdaq:COIN) is acquiring an equity stake in crypto operator Circle Internet Financial. As part of the move, the joint venture between Coinbase and Circle, Centre Consortium, is being shut down.
Circle launches native USDC on OP Mainnet, replacing Ethereum bridged liquidity. Collaborating with Optimism, it will be available on Coinbase's Base, Solana, Ethereum, and Mercado Pago.
The major stablecoin company Circle said it will launch its USDC stablecoin natively on two blockchains in the first week of September. The company said on Aug. 30 that it will launch USDC on Optimism's OP Mainnet.
Coinbase and Circle – the company behind USDT's largest competitor, USDC – have been working together closely since the beginning.
Base's imminent embrace of native USDC could herald a transformative phase, with CEO Jeremy Allaire's revelation sparking curiosity about its impact on stability and liquidity.
Base Network readies to integrate native USDC, marking a pivotal step for enhanced liquidity and decentralized ecosystem growth.
Circle has announced an innovative cooperation with renowned e-commerce platform Mercado Libre in a strategic deal to transform the digital payments sector. Meanwhile, the collaboration will introduce the well-known stablecoin, USD Coin (USDC), to users of Mercado Libre's subsidiary Mercado Pago.
"Chile is our first flag thanks to its vibrant technological ecosystem,” Dante Disparte, Circle chief strategy officer and global policy head told Decrypt.
In a strategic move towards enhancing the digital payments landscape, fintech powerhouse Circle has unveiled a groundbreaking partnership with e-commerce titan Mercado Libre on August 29th. The objective of this collaboration is to introduce the widely recognized USD Coin (USDC) stablecoin to the Mercado Pago online payment platform, a subsidiary of Mercado Libre.
Since the beginning of the year, Circle and its USDC stablecoin have seen a decrease in dominance on the Ethereum blockchain reflecting a downsizing for the cryptocurrency pegged to the value of the dollar.
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Circle CEO Jeremy Allaire has announced that its USDC stablecoin will launch natively on the Base Network next week. A New Home For USDC Circle CEO Jeremy Allaire has revealed that the USDC stablecoin will soon find its native home on the Base Network, with the launch scheduled for next week.
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By integrating the USDC for users in Chile, Circle will be hoping to offer them the stability of the U.S. dollar while also creating diverse payment options for them.
Circle plans to launch native USDC on Base blockchain, replacing bridged USDbC liquidity. The token will be fully reserved and redeemable for US dollars, enhancing scalability, transaction speeds, and reduced gas fees.
Fintech firms Circle and Mercado Pago have announced a strategic alliance to introduce the USDC stablecoin to Chilean customers.
Circle's CEO Jeremy Allaire has announced that USDC will be launched natively on the Base Network platform next week. Allaire took to social media platform X (formerly known as Twitter) to share this news, emphasizing the benefits and implications of this integration.
Major shifts are on the horizon for USDC users and the Base network. An announcement from Circle's CEO, Jeremy Allaire, revealed that their renowned stablecoin, USD Coin (USDC), will soon make its native appearance on the Base network.
Circle (CRYPTO: USDC) unveiled a new partnership with Mercado Pago, a leading payment platform in Latin America, to bring the USDC stablecoin to Chilean customers. This move is particularly significant given Chile's current economic hurdles and rising inflation.
