June 25, 2020 Centre announces the upcoming launch of USDC on Algorand.

Centre, the consortium behind the USD Coin (USDC) stablecoin project has announced that it will be launching USDC on top of the Algorand blockchain. Announcing the news via a blog post on Wednesday, as part of its new ‘multi-chain framework’, the company cited Algorand’s suitability for high-volume payments as the principal reason behind the decision.