USDC Is Now Accessible on OP Mainnet for Crypto Enthusiasts!
Circle has officially launched its native USDC token on the OP mainnet.
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Circle has officially launched its native USDC token on the OP mainnet.
Optimism sellers had market leverage and could push OP prices lower. Here are possible levels to consider.
USDC issued by Circle will reportedly be “native to OP Mainnet and can be considered the official form of USDC for the ecosystem.” Over time, native USDC liquidity may “grow and replace the currently circulating bridged USDC liquidity that comes from Ethereum.
A widely followed crypto analyst says that one mid-cap altcoin could see a massive correction as whale transactions including the asset see a decline. Crypto trader Ali Martinez tells his 29,900 followers on the social media platform X that blockchain oracle provider Chainlink (LINK) could dip by as much as 50% from its current price.
In a groundbreaking move set to reshape the landscape of Ethereum's Layer 2 ecosystem, Circle, a pioneering blockchain startup, has joined forces with the Optimism network to unveil a native version of the popular USDC stablecoin. This partnership signals a significant step forward for both projects, promising enhanced scalability and liquidity while captivating a diverse community of users.
Optimism, ApeCoin and Aptos are set for the most significant token unlocks in September, worth more than a combined $100 million.
According to the data compiled by BeInCrypto, over $174 million worth of tokens will be unlocked this month. But how will the market react?
Prithvi Subburaj, a former general manager at Google, has been appointed as the chief operating officer of OP Labs.
In a groundbreaking move poised to reshape the stablecoin landscape, Circle, the leading fintech company, has announced an eagerly awaited integration of its native USDC (USD Coin) with the OP Mainnet. This strategic development, strategically unveiled during the “Stable September” initiative, holds the potential to unveil a treasure trove of insights into the rapidly evolving stablecoin ecosystem.
Ethereum-based Layer 2 blockchain protocol is set to welcome USDC stablecoin following a strategic partnership with Circle, the blockchain start-up behind the token issuance. As Circle announced, the USDC that will be launched will be native to the Optimism ecosystem and can be considered the official format of the stablecoin.
Circle launches native USDC on OP Mainnet, replacing Ethereum bridged liquidity. Collaborating with Optimism, it will be available on Coinbase's Base, Solana, Ethereum, and Mercado Pago.
zkSync was the most profitable L2, while Optimism had the lowest transaction cost. But despite the latter's low costs, there are a few reasons why it will not overtake zkSync.
In the ever-fluctuating world of cryptocurrencies, the Optimism (OP) token has become the center of attention due to its rapidly changing market dynamics. Investors and enthusiasts are closely following recent developments, as a critical technical indicator, the Moving Average Convergence Divergence (MACD), has recently shown a dip.
Optimisms token unlock may hinder the possibility of growth for the OP token. Declining velocity and network growth pose further challenges
As per the official announcement, Optimism has announced that they will move the initial OP token allocation to Base on August 30th.
If you are an avid crypto investor, you will want to mark your calendar for this week. According to Token Unlocks, a slew of tokens, including AGIX, GAL, DYDX, OP, EUL, NYM, 1INCH, HBAR and ACA are set for a massive unlock.
Over the last few months, Optimism's network activity has increased substantially, allowing it to become a firm rival to Arbitrum.
Optimism Foundation is proposing to grant Coinbase-backed Base 118 million OP tokens over a span of six years.
The decentralized social media protocol is migrating to OP Mainnet according to a post by Farcaster co-founder Dan Romero today August 23. Romero has also noted that many of Farcaster's users and developers “are building on the OP Stack across OP Mainnet, Base & Zora.
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council' will be formed as the ecosystem grows.
Base, an Ethereum Layer 2 solution, aims to decentralize and align with the Superchain vision by transitioning from Stage 0 to Stage 2 L2, bolstering OP Stack's scalability, reliability, and decentralization. It plans to allocate sequencing revenue to the Optimism Collective.
Coinbase-incubated Base has unveiled a plan to move its network to a decentralized model, focusing on several technical updates.
Optimism (OP) is proving to be a beacon of stability amidst the tumultuous fluctuations of the cryptocurrency market, particularly Bitcoin (BTC). While Bitcoin's price swings have left investors on edge, Optimism's weekly rally seems poised to extend its resilience.
Optimism extended its range-bound movement with prices bouncing off the range-low of $1.41, as bulls and bears sought to gain the upper hand.