Bringing the number of blockchains to 15, Circle is set to announce the six new protocols it hopes will help boost adoption of USDC.
The USDC stablecoin founded by Circle and Coinbase is launching on six new blockchains including Polygon PoS, Base, Polkadot, NEAR, Optimism and Cosmos via the Noble network.
Earlier this week, Circle and Coinbase said they had reorganized their relationship with regard to USDC. Besides disbanding the Centre Consortium, which had managed the governance of USDC since its founding in 2018, Coinbase also acquired a stake in Circle. Coinbase and Circle have little influence over what people's preferred stablecoins are, argues Avivah Litan, a senior blockchain industry analyst with Gartner who is dubious adding more protocols will make a difference.
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