USDC Launch on Monad
USDC on Monad is now available, offering developers and businesses high-speed stablecoin settlement and crosschain connectivity with CCTP, wallets, and contracts.
Key Points:
- Circle has activated USDC, CCTP, Circle Wallets, and Circle Contracts on Monad.
- Monad is a high-performance Layer-1 blockchain with full EVM compatibility.
- USDC is issued directly by Circle and is redeemable 1:1 for U.S. dollars.
- CCTP enables crosschain transfers by burning USDC on the source chain and minting on the destination chain.
- Circle Wallets provide secure wallet infrastructure for Monad-based applications.
- Circle Contracts simplify smart contract development with security-audited templates.
- USDC, CCTP, Wallets, and Contracts support DeFi, trading, payments, and liquidity solutions on Monad.
- Notable apps live on day one include Accountable, Coinbase, Curve, and more.
- Businesses can access Circle Mint for on/off-ramps, while developers can start building using official documentation.
With USDC live on Monad alongside CCTP, wallets, and contracts, developers have a complete stablecoin, interoperability, and infrastructure layer to support various applications from day one.
