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+--- Thread: USDC Stablecoin Could Soon Expand to 10 More Blockchains (/showthread.php?tid=6161236)
USDC Stablecoin Could Soon Expand to 10 More Blockchains - Blue Eye Samurai - Jun 30, 2021
https://www.coindesk.com/usdc-stablecoin-could-soon-expand-to-10-more-blockchains
USDC, the stablecoin now native to four blockchains, could soon be on eight to 10 more networks, CoinDesk has learned.
It’d be the broadest expansion of the $25 billion stablecoin to date, potentially surpassing the eight blockchains that support Tether’s USDT, the market leader with a $63 billion market cap.
“We anticipate that in the coming months USDC will become available on Avalanche, Celo, Flow, Hedera, Kava, Nervos, Polkadot, Stacks, Tezos, and Tron,” according to a draft announcement from USDC administrator CENTRE obtained by CoinDesk.
RE: USDC Stablecoin Could Soon Expand to 10 More Blockchains - Omniscient - Jun 30, 2021
I don't have anything against USDC. It's under better scrutiny than Tether and imho that's a good thing. USDC might save the market from Tether. But I do hope other stablecoins use USDC as backing such as Dai. Overall DeFi is still where the market is going to be the most lucrative for investors. The market is separating between blockchain technology and the value investments. There is also NFT's which will rise in popularity over the next 5 years.
Fun times.