USD Coin (USDC), already available on dozens of exchanges around the globe, in recent days was listed on Europe-based crypto exchange BitBay and token swapping platforms Kyber Network and Uniswap.
These companies join the nearly 100 exchanges, protocols, platforms, applications, wallets and service providers that are part of the USDC ecosystem. Since it was launched in the fall of 2018, USDC has been growing rapidly and is the second largest stablecoin by market cap.
Each company in the USDC ecosystem plays an integral role in driving adoption:
We look forward to continuing to see the number of companies supporting USDC grow in the months ahead.
USDC was introduced by the CENTRE Consortium, a joint venture co-founded by Circle and Coinbase, to establish a standard for fiat on the internet and provides a governance framework and network for the global, mainstream adoption of asset-backed stablecoins.
You can learn more about USDC here, and tokenize or redeem USDC with both Circle and Coinbase. You can go here to read the monthly reports on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP.