On the 29th of August, Jeremy Allaire – the CEO of Circle, the company that mints and holds governance over USDC – announced that the popular stablecoin would be coming to Base and Optimism within a week.
The launch was part of Circle’s plan to improve the utility of USDC by bringing the stablecoin to more blockchains in a native token, eliminating the need for bridged Ethereum tokens. The decision came shortly after the announcement of a new super chain agreement with Optimism, with Circle now assuming a more active role in the Optimism collective’s day-to-day dealings.
Native Support
The two new variants of the USDC stablecoin have gone live on both mainnets earlier this morning. Both variants were built on the OP stack, and their launch is a part of Circle’s Stable September initiative, which aims to drive the adoption of their stablecoin by providing extra assurances to devs and investors worldwide.
1/ It’s here. #StableSeptember. The day you’ve all been waiting for – what comes first? How about two launches on the same day?
Introducing $USDC on @optimismFND and USDC on @BuildOnBase, two leading L2 scaling solutions for Ethereum built on the OP Stack. pic.twitter.com/v3SgJBZ7qG
— Circle (@circle) September 5, 2023
Now that the
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Author: Cristian Lipciuc