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Circle Expands the USDC Multichain Ecosystem with Support on the Flow Network -Breaking

by Mike Robinson

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Circle Supports the Flow Network and Expands USDC Multichain Ecosystem

Circle Internet Financial, LLC, a global internet finance firm that provides internet-based payments and financial infrastructure to businesses of all sizes and principal operator of (USDC), today announced support for USDC on the Flow network – a fast, low cost, and developer-friendly Web3 platform originally created by Dapper Labs, with thriving ecosystems of NFT projects including NBA Top Shot, BALLERZ, Matrix World, and many more.

With a circulation greater than $49B as of January 2022, USDC is one of the world’s fastest-growing dollar digital currencies. USDC on Flow promotes the growth of Flow’s vibrant blockchain community by further enhancing consumer experience and enabling the growth of the DeFi ecosystem. USDC support on Flow gives both creators and users the opportunity to receive and send payments with USDC. Developers can also take advantage of Circle’s suite of developer APIs which have been updated to support USDC on Flow.

“Flow” has been voted the best destination by thriving communities, artists, creators, brands and developers who are building their own Blockchain-based entertainment and media experiences.
Circle CEO and co-founder Jeremy Allaire.

“Circle’s delight is to make payments easier and enable creators and consumers alike to take part in the blossoming ecosystem.”
Circle previously announced a partnership with Dapper in 2020 to leverage Circle’s solution for non-fungible token (NFT) platforms which enables USDC as a payment and settlement option for digital collectible marketplaces built on Flow. This partnership is expanded by the support of USDC throughout the entire Flow network. Users can now mint or redeem USDC directly on Flow. It will allow users access to larger liquidity pools and make it easier for them to get more currency.

“Flow pioneered mainstream NFT adoption, with its innovative platforms like NBA Top Shot. Millions will have access to new DeFi products through Flow. USDC will also play a crucial role.”
Mik Naayem is co-founder of Dapper Labs and chief business officer.

USDC, the most trusted digital currency in dollars, will remain available for all developers using Flow. It will also continue to drive mainstream adoption and support dApps.
Circle, in addition to Flow now supports USDC natively over the, Algorand,, Stellar, TRON, Hedera and blockchains. This enables seamless cross-chain interoperability, and empowers more people and organizations to join an open, interconnected Web3 environment.

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