USDC stablecoin runs on 15 blockchains
USDC is a major stablecoin, a cryptocurrency that maintains a stable value by being pegged to a reference value such as the U.S. dollar.
The digital currency was launched in 2018 by Circle and U.S. cryptocurrency exchange Coinbase and has become one of the world's largest stablecoins, second only to Tether
After debuting as an ERC-20 token on the Ethereum blockchain, USDC has expanded native support to 15 blockchain networks, including Algorand, Celo, Hedera, Polkadot, Solana, and others.
On September 15, Circle announced plans to expand USDC on Soneium, an Ethereum layer 2 network developed by Sony Block Solutions Labs, a joint project of Japanese technology conglomerate Sony Group and Singapore-based Startale Labs.