USDC (USDC) is a cryptocurrency and operates on the Ethereum platform. USDC has a current supply of 60,634,905,634.7978955. The last known price of USDC is 0.99981185 USD and is down -0.02 over the last 24 hours. It is currently trading on 27863 active market(s) with $11,089,357,716.06 traded over the last 24 hours. More information can be found at https://www.usdc.com/.
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TL;DR Circle unveiled a new payments network (CPN) that enables near-instant international transfers using stablecoins like USDC and EURC. The system aims to replace traditional processes by eliminating delays and high fees through blockchain technology and 24/7 operation.
The Circle Payments Network will leverage regulated stablecoins led by USDC and EURC. The CPN will connect global banks, and VASPs to outpace legacy systems like SWIFT. Circle Internet Financial, a top-tier stablecoins issuer, announced the launch of Circle Payments Network (CPN), a blockchain-based platform to connect global financial institutions.