Browsing:USDC

USDC Stablecoin Integrated with Arbitrum
4 months ago 1 min read

USDC Launches on Arbitrum, Expanding the Reach of the Stablecoin

Circle, the company behind USDC, has brought its native stablecoin to Arbitrum, Ethereum’s leading layer 2 scaling solution. This development makes Arbitrum the ninth blockchain to support USDC, according to an official announcement from Circle. The integration of USDC on Arbitrum allows businesses leveraging Circle to conveniently swap USDC tokens across supported chains, eliminating the expenses and time delays often associated with bridging transactions. This functionality opens up new possibilities for seamless and efficient token transfers. In light of a recent bug in Arbitrum’s Sequencer software that temporarily halted on-chain transaction verification, Circle’s introduction of USDC on the Arbitrum network

Circle (USDC) has announced that it will natively deploy USDC on Arbitrum
4 months ago 2 mins read

Circle’s USDC Stablecoin to Launch on Arbitrum

Circle, the issuer of the second-largest stablecoin USDC, has announced that it will natively deploy USDC on Arbitrum, the largest Ethereum Layer-2 scaling project. The move is a major step for USDC, as it will make the stablecoin more accessible to users who are looking to avoid the high gas fees associated with Ethereum. Arbitrum is a popular Layer-2 scaling solution that uses optimistic rollups to achieve scalability. Optimistic rollups allow for faster and cheaper transactions on Ethereum by batching transactions off-chain and then submitting them to the Ethereum mainnet for verification. The deployment of USDC on Arbitrum will make