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Cryptocurrency News Articles

USDC to Go Live on ZkSync: Circle Mint and APIs Integrate Support

Apr 10, 2024 at 03:40 am

USDC to Go Live on ZkSync: Circle Mint and APIs Integrate Support

USD Coin will be launched on ZkSync on April 9th. Circle Mint and Circle APIs now fully support USDC on zkSync.

USDC Info

USD Coin

USDC maintains its stable value by holding US dollar asset reserves in regulated financial institutions in the US. The integrity and sufficiency of these reserves are externally verified by Grant Thornton, an accounting firm that provides monthly attestation reports. This full backing ensures trust in the stablecoin, making it an appealing choice for various financial applications.

Compatible with multiple blockchains like Ethereum, Algorand, Solana, Stellar, and TRON, USDC boasts a market capitalization that positions it within the top five cryptocurrencies. Beyond simply serving as a stable asset, it offers numerous functionalities, ranging from hedging against market volatility and facilitating rapid international remittances to enabling peer-to-peer payments and ensuring payment interoperability across diverse blockchain networks.

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Other articles published on May 25, 2026