Circle's USD Coin (USDC), integrated with the Hedera network, offers a regulated, fiat-backed stablecoin pegged to the US dollar. This collaboration allows USDC to be minted natively on Hedera, leveraging the network's fast settlements (around 3-5 seconds), low transaction fees (typically $0.0001 to $0.001, paid in HBAR), and high scalability.   

USDC on Hedera provides a trusted, stable, and reliable bridge for decentralized finance (DeFi) applications and end-users on the Circle and Hedera networks. Circle's increasingly popular suite of developer APIs offers full support for USDC on Hedera, facilitating its use in various applications including both payments and micropayments. 

With USDC, enterprises and financial institutions have access to cross-platform liquidity and secure cross-border transactions. It’s currently used to facilitate payments and micropayments within applications such as Calaxy, Dropp, and Scintilla as well as to in support of numerous DeFi, NFT projects, and network bridge applications building on Hedera including SaucerSwap and Hashport. 

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