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GameSwift and Arbitrum integration revolutionizes the Web3 gaming experience. Arbitrum's $3.57B TVL and high transaction volume set industry standards.

Circle plans to launch USD Coin (USDC) natively on the Ethereum (ETH) scaling solution Arbitrum (ARB) on June 8th. The stablecoin issuer says this native USDC will be the official version of the Arbitrum ecosystem and will eventually replace the USDC currently on Arbitrum that is bridged from Ethereum.

The company said that users will be able to redeem USDC 1:1 for USD on Arbitrum.

Arbitrum (ARB), the token associated with the popular Layer 2 scaling solution, is witnessing a solid 8% surge in its price. Interestingly, the rise comes amid prominent cryptocurrency investors, including Andrew Kang, significantly increasing their holdings.

Circle Unveils Game-Changing Move: Launches USDC Natively On Arbitrum

Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle's disclosure of its euro-pegged coin, EUROC, merging with the Avalanche blockchain last week.

The launch of USDC on Arbitrum will replace the currently circulating bridged version of USDC that comes from Ethereum.

Circle has announced that it will be launching the USDC stablecoin natively on Arbitrum on the 8th of June, 2023. According to the company, the move will replace the bridged version of the stablecoin from Ethereum, which is currently in circulation.

Binance has successfully integrated Tether with the Arbitrum and Optimism networks. Currently, the USDT withdrawal service is also available.

In a move set to enhance the functionality of the Arbitrum ecosystem, Circle, the “global financial technology company helping money move at internet speed,” has announced the upcoming launch of its stablecoin, USDC, on the platform. Slated for June 8, 2023, this development will replace the existing Ethereum-bridged version of USDC with a native version.

The company expects to bring CCTP to Arbitrum after the launch of native USDC to eliminate withdrawal delays.

Circle said on June 1 that it will soon launch a native version of its USD Coin (USDC) stablecoin on the Arbitrum blockchain. The new version of USDC will be “native to Arbitrum” and added that this asset will be considered Arbitrum's official version of USDC, according to Circle.

Financial technology firm Circle announced on Thursday that the launch of its USD Coin (CRYPTO: USDC) on the Arbitrum (CRYPTO: ARB) platform is June 8. In this new arrangement, USDC issued by Circle will be recognized as the official version within the Arbitrum ecosystem.

USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network.

Crypto News: In recent times, crypto industry titan Circle has been on a launch frenzy for its USDC stablecoin on a number of other blockchain networks. The stablecoin issuer made the announcement on Thursday that it is going to introduce USDC natively on the Arbitrum Layer 2 network, rendering it to be the official version

The native Arbitrum-based version of USD Coin by Circle is set to replace the existing token that bridges USDC liquidity from Ethereum (ETH). The token will play an important role in the upcoming cross-chain developments scheduled by Circle.

Stablecoin issuer Circle will launch USDC, its dollar-based stablecoin, on Arbitrum this June 8th. Circle states that this version of USDC will eventually replace the currently circulating bridged version of USDC that comes from Ethereum – which becomes USDC.e.

Circle said that it would deploy USDC natively on Arbitrum, making it the official version in the Layer 2 ecosystem and replacing previously bridged liquidity.

Circle says the benefits of native USDC include new support to eliminate bridge withdrawal delays and the possibility for institutional on and off-ramps

Arbitrum price analysis is indicating a decline in price today. The bears have won the leading position as the selling pressure has formed again and the price is decreasing again.

Arbitrum (ARB), a dominant Ethereum L2 scaler, now supports Bitcoin-Ethereum bridge mechanism tBTC. It will advance the speed of transactions with BTC lquidity and make them more cost efficient.

The WOO token can now be staked “across seven chains to earn USDC on Arbitrum from WOOFi swap fees.” As noted in a blog post, WOOFi Stake 1.

Arbitrum (ARB) price has rebounded 13% from the $1.10 support level to reach $1.24 on Tuesday morning. After playing catch-up in the first half of May, bullish Arbitrum whales now appear to have seized control of the market.

Layer 2 (L2) solutions enable blockchain networks to be scaled and costs reduced. This post will look at the top 5 Layer 2 coins.