Polygon

Cosmos

<div class="watcher-guru"> 
 <p>USDC has been in the headlines recently due to Coinbase. The cryptocurrency exchange had also recently acquired a stake in USDC. The second-largest stablecoin, USDC, is set to dramatically expand its blockchain integration, deploying on six more networks soon, according to sources.</p> 
 <p>Also Read: Ripple: Attorney Claims Lawsuit Hindered XRP Adoption by 3 Years</p> 
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  <img decoding="async" width="1024" height="573" src="https://cdn.thebittimes.com/images/2023/08/24/ab4c80867bc24c4222acbc611e00a919.webp" alt="" class="wp-image-108392" srcset="https://cdn.thebittimes.com/images/2023/08/24/ab4c80867bc24c4222acbc611e00a919.webp 1024w, https://cdn.thebittimes.com/images/2023/08/24/ab4c80867bc24c4222acbc611e00a919.webp 300w, https://cdn.thebittimes.com/images/2023/08/24/ab4c80867bc24c4222acbc611e00a919.webp 768w, https://cdn.thebittimes.com/images/2023/08/24/ab4c80867bc24c4222acbc611e00a919.webp 380w, https://cdn.thebittimes.com/images/2023/08/24/ab4c80867bc24c4222acbc611e00a919.webp 550w, https://cdn.thebittimes.com/images/2023/08/24/ab4c80867bc24c4222acbc611e00a919.webp 800w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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 <h2 class="wp-block-heading" id="h-usdc-reportedly-launching-on-six-blockchains">USDC reportedly launching on six blockchains</h2> 
 <p><a rel="noopener noreferrer nofollow" title="USDC" href="https://thebittimes.com/tag/usdc.html">USDC</a> is reportedly launching on Polygon PoS, Base, Polkadot, NEAR, Optimism, and Cosmos via the Noble Network. This is in addition to its existing presence on Ethereum, Avalanche, and other leading chains.</p> 
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 <p>The move could significantly boost the adoption and utility of the second-largest stablecoin. More blockchain access provides easier on-ramps for user funds and opens up integration with DeFi protocols on new networks.</p> 
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 <p><strong>Also read:&nbsp;BIS Cautions Developing Economies on Crypto’s Financial Stability Threat</strong></p> 
 <p>According to a recent official statement, it has been announced that the center will undergo a change in its status as an independent entity. <a rel="noopener noreferrer nofollow" title="Circle" href="https://thebittimes.com/tag/circle.html">Circle</a> will continue to act as the issuer of the second-largest <a rel="noopener noreferrer nofollow" title="stablecoin" href="https://thebittimes.com/tag/stablecoin.html">stablecoin</a> and assume all center governance and operational duties.</p> 
 <p>This restructuring aims to optimize operational efficiency and governance while bolstering <a rel="noopener noreferrer nofollow" title="Circle" href="https://thebittimes.com/tag/circle.html">Circle</a>’s direct responsibility as the <a rel="noopener noreferrer nofollow" title="USDC" href="https://thebittimes.com/tag/usdc.html">USDC</a> issuer. This includes managing smart contract keys, adhering to reserve governance regulations, and facilitating the expansion of <a rel="noopener noreferrer nofollow" title="USDC" href="https://thebittimes.com/tag/usdc.html">USDC</a> to upcoming blockchain platforms.</p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>Circle</li> 
  <li>stablecoin</li> 
  <li>USDC</li> 
 </ul> 
</div>

USDC Embarks on New Blockchain Journey

Table of Contents

TheBitTimes

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