USDC - Circle's USDC Expansion On NEAR Signals Resilient Multi-Blockchain Future | Benzinga
FinTech company and issuer of USD Coin (CRYPTO: USDC), Circle introduced the native stablecoin liquidity access on the Layer-1 Blockchain NEAR (CRYPTO: NEAR) protocol ecosystem. Circle has officially issued Native USDC and is always redeemable 1:1 for U.S. dollars.
A high-performance blockchain, NEAR Protocol highlights frictionless user onboarding and a unique scaling solution that is built on sharding technology to deliver low-cost transactions that can settle in seconds.
The news comes on the heels of Coinbase purchasing a stake in Circle to reshape the governance and financial dynamics of USDC.
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