{"id":54667,"date":"2021-12-14T16:33:53","date_gmt":"2021-12-14T14:33:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=54667"},"modified":"2025-09-03T21:32:58","modified_gmt":"2025-09-03T18:32:58","slug":"circle-launches-usdc-stablecoin-on-the-avalanche-blockchain","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/circle-launches-usdc-stablecoin-on-the-avalanche-blockchain\/","title":{"rendered":"Circle launches USDC stablecoin on the Avalanche blockchain"},"content":{"rendered":"<p>Circle, one of the operators of USD Coin (USDC), announced the launch of the stablecoin on the Avalanche blockchain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The world\u2019s fastest-growing dollar digital currency <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a> is now supported natively on <a href=\"https:\/\/twitter.com\/hashtag\/Avalanche?src=hash&#038;ref_src=twsrc%5Etfw\">#Avalanche<\/a>. One of the cornerstones of DeFi, <a href=\"https:\/\/twitter.com\/circlepay?ref_src=twsrc%5Etfw\">@CirclePay<\/a>\u2019s USD Coin provides more seamless transaction and payment options for the whole Avalanche ecosystem. <a href=\"https:\/\/t.co\/OaVme8q4nD\">https:\/\/t.co\/OaVme8q4nD<\/a><\/p>\n<p>\u2014 Avalanche \ud83d\udd3a (@avalancheavax) <a href=\"https:\/\/twitter.com\/avalancheavax\/status\/1470726766973050884?ref_src=twsrc%5Etfw\">December 14, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Circle, one of the operators of USD Coin (USDC), announced the launch of the stablecoin on the Avalanche blockchain.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cDevelopers will also be able to use Circle&#8217;s <span data-descr=\"application programming interface\" class=\"old_tooltip\">API<\/span> suite, updated to support USDC on Avalanche,\u201d the company said.<\/p>\n<\/blockquote>\n<p>Ava Labs president John Wu noted that physical fiat currency is gradually becoming a thing of the past, and the COVID-19 pandemic is accelerating the trend.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe fundamental restructuring of outdated payments and financial infrastructure is not only warranted\u2014it&#8217;s long overdue. Avalanche and Circle will be pioneers in addressing these systemic problems,\u201d Wu said.<\/p>\n<\/blockquote>\n<p>Avalanche has become the seventh blockchain in the USDC family. The stablecoin already operates on Ethereum, Algorand, Stellar, Solana, <a href=\"https:\/\/u1f987.com\/en\/news\/centre-consortium-launches-usdc-stablecoin-on-the-tron-blockchain\"> Tron<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/centre-consortium-launches-usdc-stablecoin-on-hedera-hashgraph\"> Hedera Hashgraph<\/a>.<\/p>\n<p>In August, the Circle-Coinbase consortium Centre<a href=\"https:\/\/u1f987.com\/en\/news\/usdc-issuer-to-build-a-global-stablecoin-network\"> formed a team<\/a> to oversee the overseas distribution of stablecoins issued under its standards.<\/p>\n<p>Earlier, Deel, a crypto-friendly remote staffing company, added support for Solana and USDC.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Circle, one of the operators of USD Coin (USDC), announced the launch of the stablecoin on the Avalanche blockchain.<\/p>\n","protected":false},"author":1,"featured_media":54668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1413,1220,910],"class_list":["post-54667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-avalanche-avax","tag-circle","tag-usdc"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=54667"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54667\/revisions"}],"predecessor-version":[{"id":54669,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54667\/revisions\/54669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/54668"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=54667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=54667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=54667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}