
Circle - Native $USDC Comes to Cosmos Amid Silicon Valley Bank Uncertainty
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Show Notes
✨About USDC ✨
$USDC is the second most liquid stablecoin that powers crypto asset-to-stablecoin swaps for both CeFi and DeFi protocols alike. USDC will be a keystone stablecoin for the Interchain, especially as it emerges from the ashes of the $UST de-peg. As part of the go-to-market plan, Circle will be issuing USDC from an asset issuance chain, secured by Cosmos Hub Interchain Security. If you're not familiar with Interchain Security, I recommend you to watch a primer about it under the Chjango Unchained YouTube episode with Sunny Aggarwal covering Mesh Security vs Interchain Security.
🔗 Useful Links 🔗
► Primer (Mesh Security vs Interchain Security): • Sunny Aggarwal Ex...
► Circle's USDC Website: https://www.circle.com/en/usdc
► Announcement: https://twitter.com/circle/status/157...
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