According to CoinMeta, Wu said that Circle has announced the launch of its US dollar stablecoin USDC, euro stablecoin EURC, cross-chain transfer protocol CCTP, and Bridge Kit on the Plasma network. Payment service providers (PSP), fintech companies, digital banks, and developers on Plasma can now access these compliant US dollar and euro stablecoins for cross-border remittances, global foreign exchange transactions, DeFi lending and liquidity provision, as well as on-chain corporate treasury management and B2B settlements. At the same time, users can directly top up, transfer, and consume USDC through the stablecoin applications of Plasma with their bank cards Plasma One.