STELLAR-USDC

Stellar USDC Web3 / blockchain enterprise platform.

Definition

Stellar USDC is the USDC stablecoin (issued by Circle, fiat-backed 1:1 USD reserves Treasury bills, ~$30B+ circulating supply 2024) deployed natively on Stellar blockchain network (founded 2014 Jed McCaleb + Joyce Kim, ~$100M+ XLM market cap 2024), Stellar specialised cross-border payments + remittances + asset issuance via Stellar Disbursement Platform SDP + Stellar Anchor Platform widely used MoneyGram Access + multiple international payments use cases USDC integration. Platform + technical architecture consensus mechanism + smart contract language + tokenomics + ecosystem developers + dApps + DeFi + NFTs + RWA tokenization + enterprise pilots + production deployments + governance + regulation + interoperability + bridges + scalability + cybersecurity + sustainability + multiple use cases industries banking + supply chain + healthcare + gaming + identity + multiple emerging Web3 ecosystem 2020s+.

Origin

Stellar founded 2014 ; USDC launched Stellar 2021 ; MoneyGram Access launched 2022 USDC remittances via Stellar.

Example in context

MoneyGram Access (launched 2022 partnership MoneyGram + Stellar Development Foundation + Circle) enables consumers convert cash to USDC via MoneyGram retail locations globally: customer deposits USD cash at MoneyGram location, receives USDC in self-custody Stellar wallet, transfers to recipient internationally instantly via Stellar network, recipient withdraws as local fiat currency via another MoneyGram location, much faster + cheaper than traditional wire transfers SWIFT.

Related terms

• Solana Pay — alternative payments network.