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BREAKING: Stellar Public Network Upgrades to Protocol 19 Successfully

"The Stellar Public Network has been upgraded to Protocol 19 as of June 08, 2022, at 15:00 UTC. The upgrade introduces new transaction preconditions and a new type of signer. Several changes adopted during the upgrade will make building payment channels, key recovery solutions, and bridges to other blockchains easier.
Users could be facing some issues post the upgradation process. It is recommended to update Stellar Core, Stellar SDK, or Horizon, and it is important as their older versions are not supported by Protocol 19 due to a lack of compatibility."


What is USD Coin?
"USD Coin (USDC) is a relatively fresh stablecoin pegged to the US dollar. It was launched on September 26, 2018, in collaboration between Circle and Coinbase. USDC is an alternative to other USD backed cryptocurrencies like Tether (USDT) or TrueUSD (TUSD).

In a nutshell, USD Coin is a service to tokenize US dollars and facilitate their use over the internet and public blockchains. Besides, USDC tokens can be changed back to USD at any time. The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract.

Bringing US dollars on the blockchain allows moving them anywhere in the world within minutes, and brings much-needed stability to cryptocurrencies. Also, it opens up new opportunities for trading, lending, risk-hedging and more.

Who is the Team Behind The USD Coin?"


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