The Project Circle Supported by the Goldman Sachs Launched a Stablecoin

Despite numerous rumours, a major American investment bank Goldman Sachs is quite an active participant of the crypto world. Moreover, it is backing up a successful crypto startup Circle which is quickly gaining momentum.

The project has announced the launch of USD Coin, a stablecoin backed up by the US dollar. Thus, the price of USDC is going to be 1 USD.

According to the official blog post:

Exchanges where USDC will be listed for trading soon include DigiFinex, CoinEx, Poloniex, KuCoin, OKCoin, Coinplug and XDAEX.

Recently, stablecoins have become quite popular, for example, another tokenized US dollar, Tether, is also gaining popularity.

We remind you:

Almost 13 Million Tether Coins Were Transferred to Bitfinex

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