Circle's USDC Stablecoin Now on Polygon Network!
Circle has brought its U.S. Dollar Coin (USDC) stablecoin to the Polygon network. This becomes the first-ever bridged version of the dollar-backed stablecoin.
Traders can now instantly convert fiat deposits to the second largest stablecoin via Circle Account.
Circle CEO Jeremy Allaire has noted that "one of the leading stablecoins has further increased its interoperability".
Polygon co-founder Sandeep Nailwal says " that Polygon USDC will make it possible for businesses and crypto exchanges to conduct cost-effective payments "
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