True financial interoperability requires a price stable means of value exchange. Centre’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USDC, available as an Ethereum ERC-20, Algorand ASA, Avalanche ERC-20, Flow FT, Hedera SDK, Solana SPL, Stellar asset, and TRON TRC-20, and creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added.
Following the Merge and Ethereum’s transition from a Proof-of-Work (PoW) consensus mechanism to the more sustainable Proof-of-Stake (PoS), Centre and its members exclusively support the upgraded Ethereum PoS chain for USDC. Circle remains the sole issuer of USDC. Any other token claiming to be, or to be affiliated with, USDC or its members is not supported by Centre and Coinbase or redeemable by Circle. Please be vigilant for bad actors' scams & phishing attempts that encourage you to interact with unsupported assets on the ETH PoW chain.