Circle has enabled support for Polygon USDC
, cryptocurrency-focused financial technology company Circle has brought its U.S. Dollar Coin stablecoin to the Polygon network.Prior to that, users would have to bridge USDC from Ethereum to Polygon, but there is no longer a need for such a time-consuming process.
Because of the addition of Polygon-native USDC, instructional traders can now instantly convert fiat deposits to the second largest stablecoin via Circle Account. Polygon co-founder Sandeep Nailwal says that Polygon USDC will make it possible for businesses and cryptocurrency exchanges to conduct cost-effective payments.
Circle CEO Jeremy Allaire has noted that one of the leading stablecoins has further increased its interoperability.
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