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Algorand

Payments-focused L1 expanding USDC stablecoin use

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About

Algorand is a low-fee, fast-finality Layer-1 oriented toward payments and tokenized assets. It supports native USDC and EURC and has expanded consumer stablecoin payments through partnerships such as Wirex, bringing USDC payments to Visa-accepting merchants.

Payments-oriented L1 expanding consumer USDC reach via Wirex/Visa.

Stablecoins

USDCEURCUSDt

Key products

Algorand L1ASA stablecoinsAlgoKit

Chains

Algorand
Founded
2019
HQ
USA
Stage
Public token (ALGO)
Funding
Algorand Foundation

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