Coinbase has enabled send and receive support for USDC on Algorand

As per the official Coinbase Assets X account, they have enabled send and receive support for USDC on the Algorand chain.

Here is the link to the tweet;

https://x.com/CoinbaseAssets/status/1805670200492143078

They also added $1.5 million in liquidity via Circle on 6/14/24 from Ethereum to Algorand;

On Ethereum $1.5 mil from Coinbase to Circle at 4:21p UTC: https://etherscan.io/tx/0x1c2a78eebbc9c22108ee8d151f2a713377ff11a74fcb18f6387a5977b06359ac

• On Algorand $10K from Circle to Coinbase at 4:22p UTC: https://allo.info/tx/HAZH5JYIHOCPOJW6U5ZV3WC2VNRO2PQKX345WIME65ZPMOPHW7GQ
• Then $1.49 mil at 4:37p UTC: https://allo.info/tx/Y77ZAX6DKIVY3UGOO2KOUONWTWRZ2NXH33FS66OJFNVWYUCQ4JAQ