Circle, the issuer of the popular stablecoin USDC, has announced plans to expand its digital dollar across multiple blockchain networks.
Currently available on Ethereum, Solana, and a few other chains, USDC will soon be launched on additional blockchains such as Polkadot, Near, and Cosmos.
This expansion is part of Circle’s strategy to make USDC the go-to stablecoin for decentralized finance (DeFi) and cross-chain applications.
By being available on more blockchains, USDC will have greater liquidity and interoperability, facilitating smoother transactions across different ecosystems. Circle’s move is expected to further solidify USDC’s position as a leading stablecoin and enhance its utility in various DeFi protocols.
