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⁠USDC now capable of 1000 transactions per second with near-zero fees.

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)

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@ClDvor posted 2 years ago

Comments

Nice piece. Keep the good works ul

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2 years ago

If the transaction fee remove,it will be more stable for all of us

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2 years ago

Nice, since it's an ethereum based token it should have a high network fee too or is it cheaper

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2 years ago

It is cheaper

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2 years ago

Nice, seems I'll purchase a bit and store them

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2 years ago