Banxa Now Supports USDC Stablecoin On Hedera

Twitter icon  •  Published 1 week ago  •  Hassan Maishera

Crypto payment service provider Banxa announced that it has partnered with the HBAR Foundation to support the USDC stablecoin on Hedera.

Crypto payment service provider Banxa announced that it has partnered with the HBAR Foundation to support the USDC stablecoin on Hedera. Banxa said its partners, including Wallets, dApps and exchanges, can now add them to on-ramp their users from fiat to crypto on Hedera, using a wide range of global and local payment methods.

Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance.

HBAR is trading at $0.0807 at press time, down by more than 27% over the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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