Ethereum

NEAR Protocol

Arbitrum

USDC

Algorand

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 <p>The second-largest stablecoin by market cap, USD Coin (USDC), is now available natively on the Ethereum (ETH) competitor NEAR Protocol (NEAR).</p> 
 <p>In addition to NEAR, USDC is also available natively on Algorand (ALGO), Arbitrum (&nbsp;ARB), Avalanche (AVAX), Base, Ethereum, Flow, Hedera (HBAR), Noble, Optimism (OP), Solana (SOL), Stellar (XLM), and Tron (TRX).</p> 
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 <p>Explains USDC’s issuer Circle,</p> 
 <p><em>“Developers can now take advantage of the speed and scalability of the NEAR blockchain to build fast, user-friendly apps with USDC and coded in popular programming languages like JavaScript and Rust.”</em></p> 
 <p>Top US crypto exchange Coinbase and Circle co-created USDC in 2018 and jointly managed the asset, which aims to maintain a peg to the US dollar, through the Centre Consortium until last month.</p> 
 <p>In August, Coinbase Chief Executive Brian Armstrong and Circle CEO Jeremy Allaire said that Circle would bring all of USDC’s governance and operations responsibilities in-house. The CEOs also noted that Coinbase planned to purchase an equity stake in Circle.</p> 
 <p>NEAR is trading at $1.10 at time of writing. The 42nd-ranked crypto asset by market cap is up more than 1.6% in the past 24 hours.</p> 
 <p>NEAR Protocol says it’s focused on scalability and stability. The project aims to allow developers to build decentralized applications at low cost.</p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/second-largest-stablecoin-usdc-launches-on-ethereum-eth-competitor-near-protocol-near-tbt62924.html">https://thebittimes.com/second-largest-stablecoin-usdc-launches-on-ethereum-eth-competitor-near-protocol-near-tbt62924.html</a></p>

Second-Largest Stablecoin USDC Launches on Ethereum (ETH) Competitor NEAR Protocol (NEAR)

TheBitTimes

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