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Stellar blockchain will soon support USDC stablecoin

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USDC, the stablecoin co-founded by Circle and Coinbase, first started as an Ethereum-based token. After adding support for the Algorand blockchain, Centre, the consortium that manages USDC, is announcing that Stellar will be the third blockchain that supports USDC. The rollout should happen at some point during Q1 2021.

USDC is a cryptocurrency that follows the value of USD. One USDC is always worth one USD — hence the name stablecoin. When new USDC are issued, USDC partners keep some USD aside on bank accounts.

Those accounts are regularly audited to prove that there are as many USDC in circulation as there are USD in those accounts. There are currently 2.8 billion USDC in circulation.

Stablecoins present some flexibility when it comes to storing value as you don’t need a bank account. But Ethereum-based stablecoins suffer from the same issues that Ethereum users are currently facing — slow transaction speed and high transaction fees.

By letting you choose to send USDC on the Stellar blockchain, transactions should be faster and cheaper. Basically, you’ll have to choose the channel that you use to send USDC — Ethereum, Stellar or Algorand. If you’re sending from one exchange to another, or from one wallet provider to another, you have to make sure that both support USDC on that specific blockchain.

Circle has also developed a multichain USDC swap API. Authorized developers can leverage this API for cross-chain swaps in case there are some liquidity issues for instance.

If enough developers adopt this swap API, it should improve the experience for the end user. You won’t have to pay as much attention to the blockchain you’re using to send and receive USDC.

So this is still a workin in progress. Some products could choose to focus on one blockchain in particular, others could let you choose between USDC on top of Ethereum, USDC on top of Algorand or USDC on top of Stellar. And others might use an abstraction layer so that you can transparently send USDC from an Ethereum wallet to a Stellar wallet. There will be some swapping happening behind the scene.

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Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

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Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

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Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

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Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

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That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

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Grab this offer while it’s still around!


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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

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You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

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