What is Circle (USDC)?
Circle is a technology company that creates the world’s most popular 1:1 backed digital dollar, USDC, which has a market capitalization of more than $41B. In late 2023, Circle formalized its Bridged USDC Standard and related deployment process on EVM blockchains to help mitigate the “cold start” for generating activity on new blockchains.
With the Nibiru V2 EVM upgrade, Bridged USDC introduces access to USDC as an ERC20 token on Nibiru. This will be a key element in Nibiru’s ecosystem of apps.
How to use USDC on Nibiru:
-
Bridge for USDC: Bridged USDC is accessible on the Nibiru testnet through
this interface built by Via Lab. The product flow on mainnet will be similar.
-
USDC.noble: USDC for the Interchain ecosystem is
natively issued on Noble and can be transferred to Nibiru via Inter-Blockchain Communication (IBC).
