Circle has announced that its dollar-based stablecoin, USDC, will be added to six new blockchains including; Base, Cosmos via Noble, NEAR, Optimism and Polkadot, and Polygon PoS. The first five will be added in September, with Polygon joining in October. By adding USDC to these networks, developers can easily incorporate the stablecoin for payments and transfers. At the same time, this should help boost the utilization of USDC – something that is good for Circle and its vision of the digital asset future.
Circle notes that it already supports USDC natively across Algorand, Arbitrum, Avalanche, Ethereum, Flow, Hedera, Solana, Stellar, and TRON.
If pending stablecoin legislation makes it through Congress, Circle is well positioned to gain traction globally as a proxy for the US dollar.