USD Coin (USDC) to Launch on Sui Network, Announces Circle CEO
Circle, the issuer of USD Coin (USDC), is expanding its stablecoin to the Sui network, a layer-1 (L1) blockchain platform.
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Circle, the issuer of USD Coin (USDC), is expanding its stablecoin to the Sui network, a layer-1 (L1) blockchain platform.
Stablecoin issuer Circle is expanding its native issuance of USD Coin (USDC) and deploying its Cross-Chain Transfer Protocol on the layer-1 blockchain Sui. In a Sept.
Users and developers on Sui will benefit from a more seamless experience with USDC.
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.
Sui Network announces plans to integrate native USDC and Cross-Chain Transfer Protocol
Sui will soon integrate native USDC and CCTP, boosting its blockchain's liquidity and cross-chain transaction capabilities.
Circle has partnered with Sony's blockchain to increase USDC adoption on the Soneium L2 network. The Bridged USDC Standard enables Web3 producers to make safe, digital dollar payments.
Circle is "thrilled to partner with Sony Block Solutions Labs to reimagine how innovation thrives in the digital economy,” said CEO Jeremy Allaire.
Circle, the issuer of the USDC stablecoin, partners with Japanese giant Sony to revolutionize the economy of digital creators. This strategic alliance aims to integrate USDC on Soneium, Sony's new blockchain, thus opening new perspectives for Web3.
TL;DR Circle and Sony Block Solutions Labs partner to integrate USDC on Soneium, Sony's Ethereum Layer-2 blockchain, enabling seamless, secure, and borderless transactions. The integration will use the Bridged USDC Standard, ensuring flexibility for future upgrades to native issuance.
Circle and Sony Block Solutions Labs announce a partnership to integrate bridged USDC on Sony's new Ethereum layer 2 blockchain
The ecosystem of Layer 2 on Ethereum adds the new standard Bridged USDC.
Circle is looking to extend the use of its USDC stablecoin to the new high-flying Ethereum layer-2 blockchain network, Soneium, according to a Sept. 16 statement shared with CryptoSlate.
Circle partners with Sony Block to integrate Bridged USDC Standard. Soneium aims to simplify blockchain experiences, empowering developers.
Circle, the company behind USDC, has announced a partnership with Sony Block Solutions Labs to bring its stablecoin to Soneium. As a part of this collaboration, Soneium will integrate the Bridged USDC Standard.
On September 15th, Circle announced its partnership with Sony. The goal is to make USDC a go-to choice for creators and developers using Sony's layer-2 blockchain, Soneium.
Circle has been working to enhance the global use of the USDC stablecoin. In a recent move to boost USDC adoption, the company announced plans to open a new international office in New York City.
He pointed out that Circle has been sluggish in addressing significant security issues, specifically noting the company's delayed action in blacklisting funds associated with the North Korean hacker group Lazarus.
Stablecoin issuer Circle has partnered with Sony Block Solution Labs, making bridged USDC as one of the blockchain's primary tokens for value exchange.
Stablecoin giant Circle, the issuer of USDC, recently announced plans to collaborate with Sony Block Solutions Labs, a Singapore-based company that taps into blockchain technology. The collaboration comes as an effort to bring bridged USDC to the Sony company's newly launched Ethereum Layer 2 Soneium.
The partnership could significantly enhance digital finance and entertainment, promoting global adoption of decentralized technologies. The post Circle and Sony partner to bring USDC to Soneium appeared first on Crypto Briefing.
The firm says it wants to make its stablecoin the standard for Web3 creators using Sony's new layer-2 blockchain.
Stablecoin issuer Circle has partnered with Sony Block Solutions to make USDC a primary transaction token on the Soneium blockchain.
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept.