Circle native $USDC is about to land on the Sui chain

Bitget App

Trade smarter

Renata2024/09/18 06:42

Sui is a permissionless layer 1 blockchain, designed from scratch to enable creators and developers to build experiences that meet the next billion users in Web3, with horizontal scalability that can support a wide range of application development at unparalleled speed and low cost.

On September 17th, SUI official media announced that Circle's native $USDC will soon be launched on the Sui chain, and Cross-Chain Transfer Protocol (#CCTP) will also be enabled on Sui, which will enable developers to build cross-chain liquidity and support other chains such as Solana and Ethereum. In addition, Sui has become the first #Move chain with native $USDC, further enhancing its experience in fields such as DeFi, gaming, and cross-border transfer. This cooperation will consolidate Sui's leading position in the DeFi field and help it stay at the forefront of TVL rankings.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Trending news

Hong Kong Treasury Secretary: Only a Small Number of Stablecoin Licenses Will Be Issued in the First Phase, with Future Plans to Promote Asset Tokenization Such as ETFs

Christopher Hui: Initial Phase of Stablecoin Licensing to Be Limited, Asset Tokenization May Expand to ETFs