Imagine a super-fast highway for digital money! Circle, a company that makes USDC (a type of cryptocurrency), just made its highway much faster. This highway lets USDC zoom between different computer networks. It used to take 13-19 minutes, now it's just seconds!
- USDC is like a digital dollar – it's worth about the same as a real dollar.
- Circle's new system is like a super-fast delivery service for USDC.
- It's faster and easier to move USDC between different crypto networks.
- Developers can now automate things like trading with this new system.
Fact | Number |
---|---|
USDC's value | About $1 |
Old transfer time (Ethereum) | 13-19 minutes |
New transfer time | Seconds |
Total USDC in use | $58 billion |