Five new companies announced support for USD Coin (USDC) in recent days, giving the asset-backed stablecoin an unparalleled ecosystem of support from more than 60 exchanges, wallets, platforms, apps, and service providers around the world.
Airswap is the latest exchange to make USDC available for trading. USDC is already listed on many other exchanges, including two of the largest, Binance and OKEx. The other new USDC supporters are:
- Atomic Wallet, which now allows their customers to safely store and transfer USDC.
- Abacus Protocol is looking at using USDC as a way to denominate dividend payments for security token issuers utilizing their platform.
- BlockMyTalent is a freelancing marketplace built on smart contract infrastructure and plans on allowing freelancers to get paid in USDC.
- Opensea, one of the largest peer-to-peer marketplaces for digital items and crypto collectibles, now allows customers to pay for items using USDC!
The new supporters comes just days after we released the first attestation report on US dollar reserves backing USDC issued by independent accounting firm, Grant Thornton LLP. You can read the full report here.
USDC trading volume on exchange platforms, including Circle activity, continues to grow, with the circulating supply now surpassing 168 million, bolstered by interest in a more transparent and compliant USD token from market participants.
The CENTRE Consortium, a joint venture co-founded by Circle and Coinbase, introduced USDC to establish a standard for fiat on the internet and provides a governance framework and network for the global, mainstream adoption of stablecoins.