USDC Ecosystem Spotlight: Exchanges Korbit and Liquid among six companies to support USD Coin in recent days

USDC Ecosystem Spotlight: Exchanges Korbit and Liquid among six companies to support USD Coin in recent days

Ecosystem Spotlight

The ecosystem for USD Coin (USDC) continues to grow around the globe with exchanges in Japan and Korea joining more than 50 companies to support the fiat-backed stablecoin.

Korea-based Korbit and Japan-based Liquid are just two of the latest exchanges to make USDC available for trading in recent days. Other exchange and trading platforms listing USDC include U.S.-based Thor Swap, Czech Republic-based Changelly, and Korea-based CPDAX. LendIndex, a blockchain-powered digital lending solution, announced it is adding USDC to their SME loan portfolio.

 

0_A2mVt-pCTL-ZQYFX

USDC trading volume on exchange platforms, including Circle activity, continues to grow, with the circulating supply now surpassing 134 million, bolstered by interest in a more transparent and compliant USD token from market participants. Customers can tokenize dollars into USDC and redeem USDC into dollars through both Circle and Coinbase, making USD Coin the industry’s first open, fungible and interoperable fiat stablecoin.

CENTRE Consortium, a joint venture co-founded by Circle and Coinbase, introduced USDC to establish a standard for fiat on the internet and providing a governance framework and network for the global, mainstream adoption of stablecoins.

There are more USDC supporters than ever. Learn more about USDC and tokenize or redeem with Circle and Coinbase.

Related blogs

View all
USDC Spritz
Ecosystem Spotlight

Crypto Payments for Routine Expenses Using USDC

Christopher Sheehan | November 14, 2022

See how Spritz is working with Circle and USDC to bring real-world bill paying utility to Web3 through the Spritz app.

Read story about Crypto Payments for Routine Expenses Using USDC
USDC Axelar Ecosystem Spotligh
USDC

Composable USDC: Seamless UX in the Multi-chain World

Axelar | October 20, 2022

Circle and Axelar plan to enable USDC to flow natively cross-chain and add General Message Passing through Cross-Chain Transfer Protocol.

Read story about Composable USDC: Seamless UX in the Multi-chain World
Ecosystem Spotlight

How Arf used USDC to launch real-time cross-border payment corridors

Team Circle | April 20, 2022

Learn how Circle customer Arf built a near-instant cross border remittance payments platform for MSB and facilitators around the world.

Read story about How Arf used USDC to launch real-time cross-border payment corridors