Circle and the Stellar Development Foundation announced the launch of the USDC stablecoin on the Stellar blockchain.
Stellar USDC merges dollarstablecoin with the Stellar network.In a tweet, Stellar clarified that users can trade USDC on the Stellar decentralized exchange and use stablecoins across the ecosystem.
Although USDC was originally launched on Ethereum, Stellar has become the official USDC network since October last year.
Stellar developers will be able to take large-scalepayments, issue programmable payouts, create marketplaces, and then receive income in excess of your balance through a dedicated free API service provided by Circle.
Stable coins continue to dominatecrypto trading, however, if previously most of the trading was carried out using the stablecoin Tether, now the indicators have changed. The accusations of regulators against Bitfinex and Tether alarms experts and they advise to abandon USDT and use the second largest stablecoin USDC.
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