Circle makes USDC directly on Polygon, simplifying DeFi use without Ethereum bridges.
Low-cost, speedy transactions are possible with native USDC, improving payments and DeFi access.
In a significant development, stablecoin issuer Circle has commenced minting USD Coin (USDC) directly on the Ethereum layer-2 scaling protocol Polygon. This innovative step removes the necessity of transitioning USDC from Ethereum to alternative blockchain networks, marking a substantial advancement in the accessibility of decentralized finance (DeFi).
1/ It’s official. #ItsStillStableSeptember and $USDC is now available natively on @0xPolygon PoS mainnet!
Learn the benefits of native USDC and how to switch from bridged USDC.e https://t.co/KcK55sT4KH pic.twitter.com/Gm6HjR62KW
— Circle (@circle) October 10, 2023
Circle Mint and developer application programming interfaces (APIs) have seamlessly joined forces with Polygon, using its robust scaling capabilities. This partnership simplifies processes for
