Circle Launches USDC Minting on Polygon Network
Circle, the issuer of US dollar stablecoins, has announced it has begun minting USD Coin (USDC) natively on the Ethereum layer 2 scaling protocol Polygon. Users and developers can access USDC without bridging the stablecoin from Ethereum or another blockchain. Circle Mint and Circle’s developer APIs now support Polygon-based USDC, leveraging the scalability of Polygon. […]
XION Blockchain to Adopt Circle’s USDC as its Primary Currency
Following the strategic partnership with Circle Ventures, XION will make USDC its main medium of exchange. Burnt, a web3 developer of the XION blockchain, announced the opening of its public testnet for XION, a layer-1 network centered on “tangible use cases.” In addition to introducing the testnet, Burnt disclosed that it had previously entered into […]
Circle Backs Binance, Says SEC Can’t Regulate Stablecoins
Circle, the issuer of the USDC stablecoin, has filed an amicus curiae brief in support of Binance, the world’s largest crypto exchange, in its ongoing lawsuit with the SEC. Circle argues that stablecoins are not securities and should not be regulated as such by the SEC. An amicus curiae brief can provide additional information, arguments, […]
USDC Stablecoin Launches on Polkadot Network
USD Coin, the second-largest stablecoin market capitalization after Tether (USDT), is now available on Polkadot Network. Circle, the issuer of USD Coin, has launched USD Coin on the Polkadot network, the company announced on September 19. Polkadot USDC is now transferable to Polkadot parachains via the XCM protocol using Circle Account and Circle APIs, according […]
Circle Integrates Web3 Platform Into Singapore ‘Super App’ Grab
Grab, the leading software firm in Southeast Asia, is collaborating with Circle, a USDC stablecoin issuer, to test a web3 wallet within its super-app. On September 14, Circle made the news that Singaporean Grab users would have access to these new services through the recently launched “Grab Web3 Wallet.” This Grab app integration with Circle’s […]