USDC stablecoin released on Solana blockchain

in #centre • 4 years ago

The USD Coin (USDC) stablecoin developed by the Center consortium has been launched on the Solana blockchain.

“Solana is optimized for low-cost, fast and scalable blockchain infrastructure. One thing was missing: a stable unit of account. With the addition of USDC, anyone can create unparalleled high-speed composable DeFi applications, ”said CEO Circle Jeremy Allair.

Безымянный.jpg
https://twitter.com/jerallaire/status/1318933221191581697?s=20

USDC issuer Circle also announced a partnership with Alameda Research, the FTX derivatives exchange and the Serum DeFi project. Within its framework, USDC on the Solana blockchain is already available to users of these services.

A blog by the stablecoin management Center Consortium notes that the Solana blockchain has a throughput of up to 50,000 TPS, while block creation and finalization of payments take only 400ms.

USDC also works on the Ethereum and Algorand blockchains. In the first quarter of 2021, the stablecoin will be launched on the Stellar blockchain.

#circle #usdc #stablecoins
4 years ago in #centre by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.16
    TRX 0.16
    JST 0.029
    BTC 68501.73
    ETH 2459.44
    USDT 1.00
    SBD 2.63