{"id":35806,"date":"2021-02-03T17:25:14","date_gmt":"2021-02-03T15:25:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35806"},"modified":"2025-08-29T03:05:09","modified_gmt":"2025-08-29T00:05:09","slug":"usdc-stablecoin-launches-on-the-stellar-blockchain","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/usdc-stablecoin-launches-on-the-stellar-blockchain\/","title":{"rendered":"USDC stablecoin launches on the Stellar blockchain"},"content":{"rendered":"<p>Circle and the non-profit Stellar Development Foundation (SDF) announced the start of work on the Centre-stablecoin USDC on the Stellar network.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">We and <a href=\"https:\/\/twitter.com\/circlepay?ref_src=twsrc%5Etfw\">@circlepay<\/a> are excited to announce that Stellar USDC is now live and immediately available on Stellar\u2019s decentralized exchange, accessible to any Stellar account through integrated wallets, and tradable across Stellar\u2019s ecosystem! <a href=\"https:\/\/t.co\/jeARyW3Hhv\">https:\/\/t.co\/jeARyW3Hhv<\/a><\/p>\n<p>\u2014 Stellar (@StellarOrg) <a href=\"https:\/\/twitter.com\/StellarOrg\/status\/1356592297836761088?ref_src=twsrc%5Etfw\">February 2, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the press release, after launch Stellar USDC became available:<\/p>\n<ul>\n<li>on the network&#8217;s decentralized exchange;<\/li>\n<li>to any Stellar account through six integrated wallets;<\/li>\n<li>for trading in an ecosystem comprising 9,000 assets.<\/li>\n<\/ul>\n<p>Additionally, companies and developers can access Stellar USDC through a Circle account and its API. This enables them to connect bank accounts, issue, redeem, hold, send and receive Stellar USDC.<\/p>\n<p>Companies in the network&#8217;s ecosystem \u2014 Stable, FinClusive and JST \u2014 already provide liquidity support for the stablecoin. The payment service Wyre and six other Stellar-supporting platforms are in the process of integrating USDC.<\/p>\n<p>SDF and Centre, of which Circle and Coinbase are co-founders, <a href=\"https:\/\/forklog.com\/en\/news\/usdc-stablecoin-to-be-issued-on-the-stellar-blockchain\">announced Stellar as the official network<\/a> of the stablecoin in October 2020.<\/p>\n<blockquote>\n<p>&#8220;Companies and developers will benefit from Circle&#8217;s scale and liquidity to provide products and use cases for which Stellar was designed, particularly cross-border payments and tokenisation,&#8221; said Denelle Dixon, CEO of the SDF.<\/p>\n<\/blockquote>\n<p>The Ethereum-based stablecoin initially launched on the Ethereum blockchain is also available on the Algorand and <a href=\"https:\/\/forklog.com\/en\/news\/usdc-stablecoin-launched-on-the-solana-blockchain\">Solana<\/a> networks.<\/p>\n<p>Over the past months, USDC issuance has far outpaced the growth of the supply of the market-leading stablecoin by market capitalisation, USDT from Tether.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Circle and the non-profit Stellar Development Foundation (SDF) announced the start of work on the Centre-stablecoin USDC on the Stellar network.<\/p>\n","protected":false},"author":1,"featured_media":35807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[807,243,910],"class_list":["post-35806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-stablecoins","tag-stellar","tag-usdc"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=35806"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35806\/revisions"}],"predecessor-version":[{"id":35808,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/35806\/revisions\/35808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/35807"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=35806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=35806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=35806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}