Coinbase: Will invest in Circle, USDC plans to launch on 6 new chains

ChainCatcher news, according to official sources, Coinbase announced on social media that it will invest in Circle to continue its long-term adjustments and investments in stablecoins (especially USDC).

Coinbase further stated that it has streamlined Circle's operations and governance, with Circle, as the issuer of USDC, assuming all responsibilities and obligations. For Coinbase customers, there will be no changes to USDC on Coinbase, and Coinbase will continue to support USDC across all its platforms. Additionally, USDC plans to launch on 6 new blockchains.