The price for one Ethereum (ETH)Challenger Rises After Global Internet Financial Firm Circle Announced Native Support for USD Coin (USDC) on Smart Contracts Platform.
In a new blog post Avalanche (AVAX) announced their USDC integration to enable more seamless transactions and payment options for developers and users of decentralized financial protocols, enterprise applications and non-fungible token marketplaces.
The integration comes after the Center Consortium, which governs the USDC, announced in June that it would allow its members to add USDC to ten more BlockchainOutput platforms, namely Avalanche, Celo (CELO), Flow (FLOW), Hedera (HBAR), Kava (KAVA), Nervos Network (CKB), Polkadot (DOT), Stacks (STX), Tezos (XTZ) and Tron (TRX).
Circle CEO and Co-Founder Jeremy Allaire says:
“With USDC as the leading digital dollar currency for the decentralized economy, this integration will be critical for developers and communities looking to participate in one of the fastest organically growing ecosystems in the crypto space.”
Circle Says Support For USDC Will Be Available At Avalanche ‘SC-Chain, the standard smart contract blockchain for building Ethereum-compatible applications and assets.
Following the announcement, AVAX shot up from $ 78.80 to a high of $ 109.13 in two days. At the time of writing, the token is trading at $ 102.02.
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Source: Crypto News Deutsch