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Price
0.999805 USD
% Change
0.00%
Market Cap
74.8B USD
Volume
10.9B USD
Circulating Supply
74.8B
Circle Launches xReserve Infrastructure for USDC-Backed Stablecoins
Circle has introduced xReserve, a new interoperability infrastructure that enables blockchain teams to issue USDC-backed stablecoins and transfer value seamlessly across supported networks. The framework uses a Circle-deployed smart contract that holds USDC to back issued stablecoins and supports 1:1 transfers between USDC and USDC-backed assets. Cross-chain movements rely on xReserve attestation to reduce third-party bridge dependencies. Upcoming integrations include Canton Network and Stacks.
Event date: November 18, 2025 UTC
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Nov 18 21:59 (UTC)
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