Blockchain Sui to add support for native USDC
Sui will soon integrate native USDC and CCTP, boosting its blockchain's liquidity and cross-chain transaction capabilities.
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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.
ZachXBT, arguably one of the most renowned on-chain sleuths in the world, just went off on USDC issuer Circle and its CEO, Jeremy Allaire. He called them greedy and indifferent to the crypto community's security.
Circle announces move to New York City, positioning USDC at Wall Street's core.
USDC issuer Circle is facing serious accusations after blockchain sleuth ZachXBT called out the company for allegedly ‘profiting' from transactions linked to the North Korean hacker group Lazarus. ZachXBT, known for his investigative work in the Web3 space, took to social media platform X to criticize Circle and its CEO Jeremy Allaire.
Circle Internet Financial, the company behind the US Dollar Coin (USDC), has announced the integration of the Arbitrum layer-2 scaling chain into its Web3 infrastructure platform.
2025 could bring stablecoins into the mainstream, after 2024 introduced a "turning point year in crypto," according to Circle's Allaire.