News

Circle Unleashes USDC on Thriving Polygon PoS Mainnet!

Key Points:

  • Native USDC now on Polygon PoS and 15 blockchain networks.
  • Circle Mint and API offer accessible on/off-ramps for USDC on Polygon PoS.
  • Officially backed USDC on Polygon PoS opens doors for stable fund creation.
Circle has achieved yet another milestone in the realm of digital assets Polygon PoS mainnet.

The company’s official X account has announced the launch of native USDC (USD Coin) on the Polygon PoS mainnet. This development marks a significant expansion of the USDC ecosystem and further solidifies Circle’s position in the cryptocurrency market.

With this launch on the Polygon PoS mainnet, native USDC is now seamlessly integrated into a total of 15 blockchain networks. This extensive network presence enhances accessibility and usability, allowing businesses and institutions to harness the power of USDC across a wide range of platforms.

One of the standout features of this expansion is the accessibility offered through Circle Mint and its API. This means that businesses and institutions can easily access on/off-ramps for USDC on the Polygon PoS mainnet. It streamlines the process of utilizing USDC for various financial activities within the cryptocurrency space.

Circle Mint Simplifies USDC Movement on Polygon PoS

Circle Mint simplifies the movement of USDC between different blockchain networks. Users can effortlessly deposit USDC on one chain and withdraw it on another, all without the usual costs and delays associated with third-party bridging solutions. This functionality is a game-changer, reducing friction in the cross-chain transfer of USDC.

The introduction of native USDC on the Polygon PoS mainnet presents exciting opportunities. They can leverage this officially backed stablecoin to build robust and long-lasting stable funds. The backing by Circle, a trusted name in the industry, lends credibility and reliability to these endeavors, attracting both developers and investors.

Circle’s launch of native USDC on the Polygon PoS mainnet marks a pivotal moment in the world of digital assets. The expanded network and enhanced accessibility through Circle Mint empower businesses, institutions, and developers to utilize USDC more effectively across various blockchain networks, driving innovation and growth in the cryptocurrency ecosystem.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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