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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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22361177 No.22361177 [Reply] [Original]

>As part of an initiative bringing stablecoin USD Coin (USDC) to other blockchains, USDC is now available on the public Algorand blockchain. This is in addition to its existing availability as an Ethereum-based token.

>Offering USDC on Algorand gives the asset layer 1 scalability, touting more than 1,000 transactions per second, or TPS, while costing less than a penny in fees (1/20 of one cent to be precise), said a statement provided to Cointelegraph.

>“This is a defining milestone for frictionless mainstream payments as well as sophisticated financial applications,” Algorand Inc.'s founder, Silvio Micali, said in the statement, adding: “This launch brings together the convenience of USDC and an advanced protocol for global financial exchange in which Layer-1 smart contracts are as simple and secure as ordinary payments.”

https://cointelegraph.com/news/usdc-now-capable-of-1000-transactions-per-second-with-near-zero-fees

>> No.22361198

OOOOOOH WE MOONING
LET THE FOMO BEGIN

>> No.22361331

>>22361177
Algorand is literally the best coin but the retards here only care about pumping shitcoins

>> No.22361384

>>22361177
I felt some strange fomo about this one yesterday so I bought a few k on coinbase at 0.31, definitely one of my better entry point timings

>> No.22361413

I've got about 6500, it would cost a little under $3k to double it. Should I?

>> No.22361416

>>22361384
we're gonna make it fren