1/8 Super stoked to announce the launch and immediate availability of USDC for Solana (@solana). This is part of our continued commitment to driving the growth and adoption of USDC as a broadly adopted standard for digital dollars on the internet. circle.com/blog/circle-so…
2/8 We’ve been incredibly impressed with what Solana has been able to accomplish in a short period of time, and for users in the market, you can now transact USDC in 400ms at a fraction of a cent. Solana has been designed for web-scale usage on-chain. gph.is/22ag0N7
3/8 As part of this we’ve announced a partnership with @solana to also integrate Solana into Circle Platform, enabling developers to use our broad suite of APIs. Can’t wait to see what people build! circle.com/en/developers
4/8 We also launched a partnership with Alameda Research and FTX, and native USDC on Solana is live on Project Serum, in our view one of the most significant DeFi projects happening in crypto today. Thank you Sam (@SBF_Alameda) and team (@FTX_Official)! circle.com/blog/circle-pa…
5/8 We’re at a pivotal moment in the use of public chains and the kind of market infrastructure that can be built on them. Clearly see a path for global scale payment utility on on-chain, and an infrastructure for DeFi that can completely transform Capital Markets
6/8 With DeFi protocols on Ethereum hitting significant limits, the race is on to realize the ideas of DeFi and payments on Layer 1s. Excited to work with the best teams in the space pursuing this, so you can expect more partnerships aimed at driving USDC in this arena.
7/8 As part of our partnership with Solana, we’re sponsoring the Solana Hackathon, where I’ll be a judge, and the $200K in prizes will all be paid in USDC-SPL! Very excited to see what DeFi developers can build on all of this! solana.com/hackathon
8/8 Lots more to say about all this, so invite you all to join me, Solana co-founder Anatoly Yakovenko @aeyakovenko and FTX Alameda founder Sam Bankman-Fried @SBF_Alameda for a Money Movement episode live at 1pm ET tomorrow (Thursday). circle.com/blog/episode-2…
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