Circle continues to expand its ecosystem and supported blockchains with the newest addition on Polkadot.
USDC was launched on Polkadot Asset Hub, a parachain platform for issuing and managing digital assets in the Polkadot ecosystem.
As Circle stated, this expansion will enable new use cases:
- fast and frictionless payments around the globe;
- DeFi services like lending and borrowing on other parachains;
- savings in cryptocurrencies, removing the need for banks.
More details can be found here.