crypto exchangeCircle CEO: USDC will launch on the Base network next week

Circle CEO: USDC will launch on the Base network next week

Circle CEO Jeremy Allaire stated on social media that Circle’s USD stablecoin USDC will be released on the Base network next week. The new version will replace the USDbC that most users rely on and eventually eliminate the need for a USDbC bridge version.

As of press time, the Circle team has yet to announce a specific date for the coin’s official launch, with Allaire saying only that it will be released sometime “next week.”

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

Uniswap Labs Launches Unichain, a Layer 2 Blockchain for Faster Transactions

Uniswap Labs, the entity behind the popular decentralized finance...

Stripe Reintroduces Crypto Payments for U.S. Businesses

Stripe has announced the reactivation of crypto payments for...

South Korea’s FSC to Reassess Ban on Spot Crypto ETFs

South Korea's Financial Services Commission (FSC) has announced plans...

NFT Market Shows Signs of Recovery with Surge in Weekly Sales

The market for non-fungible tokens (NFTs), once deemed “worthless,”...

Bitcoin Slides as Market Awaits Key U.S. CPI Report

Bitcoin experienced a decline of approximately 1.6% over 24...

Dubai’s VARA Imposes Fines on Seven Unlicensed Crypto Entities

Dubai's Virtual Assets Regulatory Authority (VARA) has announced fines...