Meanwhile, this is what going on in the world of stablecoins:


USDC issuer started creating "a global network of stablecoins".

The Centre consortium started a project for distributing USD Coin abroad.
The company already formed a team for managing the project and started negotiations with foreign partners about launching USDC in countries of Africa and Asia.

The Centre is planning to use stablecoins to make money transactions cheaper. Also, the company representatives mention that they might issue stablecoins that would be connected to other fiat currencies. It is planned to start the distribution of USDC with the countries of Europe.

Today, USDC stablecoin is present in Tron, Ethereum, Solana, Algorand, and Stellar. It is planned to issue the coin based on Polkadot, Avalanche, Hedera, Celo, Nervos, Flow, Kava, Stacks, and Tezos.

Another ambitious project of the issuer company is to use USDC as a payment method. This is why they are planning to integrate USDC into NFT, non-fungible token, system.

One more step in this direction is signing a contract with Visa company that has already linked its global system to USDC and started testing the account system in USD Coin.

We would like to remind you that USDC, unlike USDT, has a stronger regulatory base behind it, yet it can't be considered a perfect currency for payments due to its strong relation to the US political decision and the unpredictable SEC.