Odaily Planet Daily News According to official news, Circle announced that it will launch native USDC on Base, and Base will cooperate with ecosystem applications, which can be regarded as the official form of USDC for its ecosystem.
Over time, Circle expects native USDC liquidity to grow and potentially replace bridged USDbC liquidity from Ethereum currently in circulation. Introducing native USDC to Base can bring the following benefits to developers and users:
- The full amount of reserves can be exchanged for US dollars at a ratio of 1:1;
- Enable agency on/off-ramp.
According to previous news, people familiar with the matter revealed that USDC will be launched on six new blockchains including Polygon PoS, Base, Polkadot, NEAR, Optimism and Cosmos through the Noble network.
It is reported that USDC has been launched on Ethereum, Avalanche, Arbitrum, Stellar, Algorand, Tron, Flow, Solana and Hedera chains.