Circle’s USD coin, USDC, will debut on the Celo blockchain, with the community set to vote on a proposal to make USDC the gas currency for the ecosystem.
The integration will help increase activity on the blockchain as it seeks to boost use cases for real-world assets.
Circle and the Celo blockchain are celebrating a successful partnership between the two industry leaders. The Celo network confirmed on January 30th that Circle’s USD coin, USDC, will launch natively on the Celo blockchain. The team further revealed that the Celo community will soon vote on whether to make USDC an official gas currency.
This integration is ground-breaking, with both parties set to benefit immensely from each other. USDC is hailed as the leading regulated digital dollar, with its issuing company Circle not only leading the way in compliance and calling for regulation in the U.S. but also recently revealing plans to go public this year. This will see it fall under even greater scrutiny from regulators

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