Circle: USDC has been launched on the Celo mainnet

ChainCatcher news, according to the official blog, stablecoin issuer Circle announced that USDC has been launched on the Celo mainnet, allowing developers and users to access it without bridging. Circle's minting and its API now fully support USDC on Celo, making it easy to access USDC liquidity and benefit from Celo's low-cost transactions with near-instant settlement.

It is reported that USDC issued by Circle is the native token of Celo, incorporating stablecoin use cases in the ecosystem, including remittances, savings, loans, aid payments, peer-to-peer (P2P), and cross-border payments.