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CENTRE adopts multi-chain framework for USDC starting with Algorand – Yahoo Finance


The USDC stablecoin is set to launch on the Algorand blockchain as part of a new framework focused on multiple network implementations. 

said it has adopted a multi-chain framework for the stablecoin. Currently, USDC exists solely as an Ethereum-based token.” data-reactid=”20″>The Centre Consortium, the joint initiative between Circle and Coinbase that backs USDC, said it has adopted a multi-chain framework for the stablecoin. Currently, USDC exists solely as an Ethereum-based token.

Centre said Algorand would be the first blockchain to integrate USDC, with more to come in the future. USDC is the second-largest stablecoin by market share, followed by Tether (USDT).

USDC
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