- Polygon’s USDC integration will have quite a few benefits, such as support by Circle Account and its APIs.
- MATIC was up by more than 3% in the last 24 hours, and metrics were optimistic.
Polygon [MATIC] recently revealed that USD Coin [USDC] will soon launch on its PoS chain. While the blockchain worked on integrating a new stablecoin, its native token’s price action turned bullish, thanks in part to the current market condition.
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Polygon to integrate USDC
As per the latest announcement, native USDC will launch on Polygon PoS on 10 October. This will initiate a transition away from bridged USDC for ecosystem apps, developers, and users.
October 10th – save the date. Native $USDC will launch on Polygon PoS.
Native USDC, issued by @circle, will be the official form of USDC for the Polygon PoS ecosystem.
The benefits?
– Fully reserved & always redeemable 1:1 for US dollars
– Supported by Circle Account & its APIs… https://t.co/yCSf4gmaab— Polygon (Labs) (@0xPolygonLabs) September 28, 2023
From 10 October, USDC iss
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Author: Dipayan Mitra