The Currency Analytics
By Ayobami Abiola
Stellar continues on its journey as one of the very few blockchains to create a meaningful bond and build a bridge between blockchain technology and the cash system.
October 15th was another day to celebrate an achievement in the direction of its vision as Stellar became an official chain for USDC. Denelle Dixon, SDF CEO wrote:
“It’s a big day for the Stellar network. We’ve just announced that Stellar is now an official chain for USDC!
Since the company behind USDC- Circle is regulated, it gives an extra layer of confidence for both developers and users.
WIth the Stellar-based USDC cross-border transactions will be easier than before for financial providers and more importantly for individuals.
“What I’m most excited about is what this means for the Stellar ecosystem. At SDF, we worked hard on this partnership because we know the value that this will bring to our…
For both Stellar and Circle the partnership means a wider adoption and more user base. People who knew USDC before can now easily create a stellar account and use their coins on…
Stellar-based USDC will go live in Q1-2021 according to Denelle Dixon.