Circle Launches Native Version of USDC Stablecoin on Polkadot
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Polkadot is an open source, blockchain-based distributed computing platform that enables the blockchains built on top of it, known as “parachains”, to execute atomic inter-chain transactions between themselves in a trust-minimized way, thereby creating an interconnected internet of blockchains.
The protocol was created by the Ethereum co-founder Gavin Wood and is developed by the Web3 Foundation with the initial implementation by Parity Technologies.
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