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Circle Launches USDC on Layer 2 Networks: OP Mainnet and Base

Circle Launches USDC on Layer 2 Networks: OP Mainnet and Base

OP Mainnet and Base: Scaling Ethereum Applications

If you’re looking to scale your Ethereum applications, OP Mainnet and Base are Layer 2 networks that you should consider. These networks utilize Optimistic Rollups and are built using the OP Stack. In fact, they currently host over $1 billion in total value locked, making them promising options for developers.

USDC on OP Mainnet: Supply and Availability

On OP Mainnet, there is currently a supply of just under 25 million native USDC. Meanwhile, Base has around 19.8 million USDC, according to on-chain data. This means that you have a significant amount of USDC available on these networks for your transactions.

Circle, the company behind USDC, has made its stablecoin available on a total of 11 blockchains, including Ethereum, Solana, Arbitrum, Polygon PoS, Tron, and Polkadot. This wide availability ensures that you can easily access and utilize USDC across multiple platforms.

Hot Take: Expanding USDC’s Reach

With USDC’s integration into various blockchains, including OP Mainnet and Base, Circle is demonstrating its commitment to expanding the reach and usability of its stablecoin. This move not only benefits developers and users but also contributes to the overall growth and adoption of cryptocurrencies.

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Circle Launches USDC on Layer 2 Networks: OP Mainnet and Base