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Los Angeles, California, 3rd October, 2022, Chainwire A USDC integration with DeSo, a new blockchain that has raised $200 million from Coinbase, Sequoia, and Andreessen Horowitz, is launching next week The integration gives DeSo a financial bridge to millions of Ethereum users and DApps, giving them one-click access to end-to-end encrypted on-chain messaging and a full “Twitter-like” feature set The integration paves the way for DeSo to become a cross-chain social layer for all of web3 Today, social media is controlled by a handful of private corporations– but that could soon change as blockchains like DeSo begin to onboard millions of Ethereum users from DeFi apps into social apps. As one of the industry's first illustrations of this, a USDC integration with the DeSo blockchain, backed by Coinbase, Sequoia, Andreessen Horowitz, and others, effectively gives any Ethereum user access to a full-fledged decentralized social network.

On October 1, Circle, the US dollar stablecoin USDC issuer, announced the launch of an institutional digital identity system based on Verit, an open source framework for the issuance, custody and verification of decentralized identity credentials.

'El Ninja' will get all his earnings in USDC, arguing this is much safer than receiving a salary in Argentinian pesos.

Payments technology company Circle on Saturday announced creating the first Verite KYB (know your business) credentials that can be easily accessed on the MetaMask Institutional wallet. Circle partners DeFi uncollateralized lending protocol TrueFi to enable support for Verite KYB credentials and access with USDC stablecoin.

Cosmos concluded September with an announcement that might set the pace for an interesting future. The blockchain network plans to roll out USDC natively on its interchain platform.

Eco will use digital settlement-service platform Zero Hash to custody the stablecoins.

Stablecoins explained: In simple terms, a stablecoin is a digital currency that retains its value because it's backed by the value of an underlying asset, which can be anything from fiat currency to oil and gold, or sometimes even cryptocurrency. The post Best Stablecoins, Rated and Reviewed for 2022 appeared first on Bitcoin Market Journal.

On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier for merchants to integrate their existing points of contact with Circle's crypto solutions.

One of the expectations of the crypto community is adoption, a journey on which USDC has embarked. The more countries adopt crypto and its products, the better the industry thrives in value and utility.

USD Coin (USDC) issuer Circle says it intends to make the second largest stablecoin by market cap available on five additional blockchain ecosystems. The digital financial technology firm says that USDC will be available on layer-1 blockchains Arbitrum One, NEAR Protocol (NEAR), Optimism (OP) and Polkadot (DOT) by the end of the year.

Binance may be dropping USDC trading on its exchange, but the stablecoin is expanding to five new blockchains.

Circle [USDC] announced that it was adding a series of chains to its network. In an official statement released during the Converge 2022 event, the financial technology company announced that it was onboarding five blockchains to the USDC ecosystem.

Circle Internet announced that USDC would soon be integrated in five news ecosystems, including Arbitrum, Cosmos, NEAR, Optimism, and Polkadot.

Circle is expanding the support for its USDC stablecoin to make it available on five additional blockchains.  USDC Joining New Platforms As per the latest announcement from Circle, USDC will now be available on five more blockchains in addition to the ones it is already operational on.

Circle Internet Financial, the issuer of USD Coin (USDC) and Euro Coin (EUROC), has announced a Cross-Chain Transfer Protocol.

Circle Internet Financial, the fintech firm behind USD Coin (USDC) announced that it will expand the circulation of USDC to five additional blockchain ecosystems. The announcement was made at Converge22, a blockchain conference organized by Circle in San Francisco.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Last week, Binance Co-Founder and CEO CZ talked to Ryan Selkis, Co-Founder and CEO at Messari, at Messari's annual conference Mainnet (September 21-23, 2022) in New York City about fiat-backed stablecoins $BUSD and $USDC.

Coinspeaker Robinhood Taps USDC Issuer Circle to List Its First Stablecoin

Coinspeaker Circle Adds USDC Stablecoin to Five New Blockchains, Launches Cross-Chain Transfer Protocol

After Robinhood Markets launched the company's beta Web3 wallet on Tuesday and listed the stablecoin usd coin on the exchange platform Robinhood Crypto last week, the company announced a strategic partnership with Circle Financial.

The USD Coin (USDC) stablecoin will soon be available on five additional blockchains, according to Circle Internet Financial, Inc.'s chief product officer Nikhil Chandhok, who spoke on Wednesday at the company's Converge22 conference. By the end of the year, USDC is anticipated to work with Arbitrum, NEAR, Optimism, and Polkadot, with compatibility with Cosmos anticipated

The second largest stablecoin issuer, Circle, is expanding support for USDC across five leading blockchains  USDC will now be available on Arbitrum One, Near, Polkadot, Optimism, and Cosmos  In addition, the firm has also launched the Cross Chain Transfer Protocol to facilitate smooth interoperability for USDC across all chains. USDC will now be available on five additional blockchains, as per the announcement made by Circle on Wednesday.

TBD, a subsidiary of Jack Dorsey's payment firm Block, has partnered with Circle to collaborate on open standards and open-source technologies to enable the mainstream adoption of digital currencies in payments and financial applications globally. TBD will support cross-border remittances and self-custody of USDC stablecoin.