We are proud to announce that Native USDC is deploying

Question

We are proud to announce that Native USDC is deploying

on Celo to further everyday adoption of digital currencies & assets

What does this mean? 🧵👇

2/ With a market cap of $135.16b (source: DefiLlama.com), stablecoins' rise in popularity as a dominant real-world asset (RWA) allows for greater financial access & inclusion

How? Through easy, permissionless, and borderless transfers of assets onchain 💪

3/ Celo's diverse stablecoin use cases are well suited for USDC, e.g. remittances, savings, lending, peer-to-peer (P2P) & cross-border payments, plus access to local currencies, e.g. MentoLabs' cREAL and eXOF, which track the Brazilian Real 🇧🇷 & CFA Franc 🌍

4/ Integrating USDC on Celo allows businesses & developers worldwide to provide more fast, secure & efficient payments

On-/ off-ramps like Circle Mint will also be available for institutional & enterprise customers, facilitating greater onchain activity & swapping

5/ But that's not all––a proposal from cLabs is underway, which will propose allowing Celo users to pay for network gas fees w/ USDC for a seamless payments experience 👀⛽️

For more info, check our blog post on Circle's native USDC launch below!

https://blog.celo.org/circle-to-launch-usdc-natively-on-celo-c6057dcc8b8f