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The Polkadot ecosystem is continuing to expand with another major announcement. Circle has just announced that it will be launching a USDC-backed stablecoin in the Polkadot ecosystem. This is the first USD-backed stablecoin to be launched on the network, and it’s sure to open up the Polkadot ecosystem to a new set of users and developers. With this launch, Circle’s USDC stablecoin will be available on both Ethereum and Polkadot. This move is part of Polkadot’s overall plan to develop a larger cross-chain ecosystem. This new development will no doubt bring more liquidity and capabilities to the Polkadot blockchain.