Ethereum

EURC

USDC

Polygon

Coin

<div class="cryptonews"> 
 <p class="is-style-lead">Jeremy Allaire’s stablecoin operator now provides a depot of testnet tokens for blockchain builders to utilize when creating web3 tools and solutions.</p> 
 <p>Circle, the issuer of crypto’s second largest stablecoin, USD Coin (USDC), has released a faucet for its U.S. dollar-pegged token and its euro-denominated coin EURC in a move said to bootstrap innovation across a plethora of decentralized networks.&nbsp;</p> 
 <p>This faucet will allow developers to access test USDC and EURC, which can then be deployed on testnets. In this staging area, builders evaluate blockchain applications and hold dress rehearsals ahead of the main deployment.&nbsp;</p> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper"> 
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">1/ We’re excited to share the <a rel="dofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a> of Faucet, a fast and easy way for developers to access testnet $USDC and $EURC on all of our <a rel="dofollow" title="support" href="https://thebittimes.com/tag/support.html">support</a>ed blockchain testing networks.https://t.co/CB8gUzrupy pic.twitter.com/JHphA99fNL</p>— Circle Developers (@BuildOnCircle) December 7, 2023
   </blockquote> 
  </div>
 </figure> 
 <p>The testnet tokens are free and would be available on <a rel="dofollow" title="support" href="https://thebittimes.com/tag/support.html">support</a>ed chains such as Ethereum, Algorand, Arbitrum, Avalanche, Base, Flow, Hedera, Near, Noble, Optimism, Polygon PoS, Solana, Stellar, Tron, and others.&nbsp;</p> 
 <p>Circle noted that users can leverage the <a rel="dofollow" title="faucet" href="https://thebittimes.com/tag/faucet.html">faucet</a> on every Ethereum Virtual Machine (EVM) and non-EVM testing network that <a rel="dofollow" title="support" href="https://thebittimes.com/tag/support.html">support</a>s USDC and EURC.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Circle announces enhanced USDC and EURC with v2.2 upgrade 
 </div> 
 <p>Testnet tokens and faucets are an integral support system for blockchain builders when testing smart contracts, simulating how cryptocurrencies and stablecoins interact with decentralized applications (dapps). This tool could mark a milestone for the stablecoin operator toward enhancing stablecoin utility during the early stages of on-chain developments.</p> 
 <p>In other Circle news, the company published two open-source protocols to tackle crypto theft and illicit finance following allegations from U.S. policymakers about bad actors using USDC for criminal operations. Circle refuted the claims, as reported by crypto.news.</p> 
 <p>According to the company, the protocols include a recoverable token standard to enable reversible transactions. Circle also introduced the R-Pools initiative as an insurance fund for this new token type.</p> 
 <figure class="wp-block-image size-large">
  <picture decoding="async" class="wp-image-14224980"> 
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/12/08/c278c159f0fa27ae97a72717b0164b3e.webp.webp"> 
   <img decoding="async" width="1024" height="602" src="https://cdn.thebittimes.com/images/2023/12/08/c278c159f0fa27ae97a72717b0164b3e.webp" alt="Circle launches USDC and EURC faucets to support dev activity - 1"> 
  </picture> 
  <figcaption class="wp-element-caption">
   Faucet for USDC and EURC test tokens | Source: Circle
  </figcaption>
 </figure> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Circle introduces bridged USDC standard to expand stablecoin utility 
 </div> <span class="google-news-banner__label">Follow Us on Google News</span> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/circle-launches-usdc-and-eurc-faucets-to-support-dev-activity-tbt72978.html">https://thebittimes.com/circle-launches-usdc-and-eurc-faucets-to-support-dev-activity-tbt72978.html</a></p>

Circle launches USDC and EURC faucets to support dev activity

TheBitTimes

Other articles published on Dec 7, 2023

Democratization of Bitcoin Mining: Mining Grid Launches “Mining Race”

Ballies global service is now open!

Brazilian Financial Regulator Co-launches Crypto Glossary

Bitcoin Assets from the Satoshi Era Moved: Are Early Stage Miners Selling?

Bitcoin (BTC) Supply on Centralized Exchanges Drops to 2017 Levels: Reports

Sotheby’s Pioneers Bitcoin Ordinals With Upcoming NFT Auction

Join our free newsletter for daily crypto updates!