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News

Circle Launches Native USDC now available on zkSync

April 9, 2024 - Around 2 mins mins to read

Key Points:

  • Circle announces native USDC availability on zkSync, simplifying transactions for Ethereum users.
  • Users can now access USDC on zkSync without bridging, enhancing usability.
  • Integration with Circle Mint and Circle API offers seamless support for USDC.
Circle launches native USDC is now accessible on zkSync without the need for bridging.
Circle Launches Native USDC now available on zkSync

This move marks a major advancement in the usability and accessibility of the popular stablecoin within the Ethereum ecosystem. With this integration, Circle Mint and Circle API are now fully compatible with USDC on zkSync, offering users seamless access to fast and efficient transactions.

Previously, users had to bridge USDC from Ethereum to zkSync, which involved additional steps and potential delays. Now, with native USDC available on zkSync, users can enjoy the benefits of zkSync’s layer 2 scaling solution without the need for bridging. This simplifies the user experience and streamlines the process of interacting with USDC on zkSync.

Read more: Top 13 Main IDO Platforms on Solana

Circle’s Latest Announcement Sparks Excitement!

Circle Launches Native USDC now available on zkSync

For users familiar with the bridging process, the token symbol for bridged USDC from Ethereum remains as “USDC.e,” with the mainnet address provided. However, with native USDC issued directly by Circle, the token symbol simply remains as “USDC,” with corresponding mainnet and testnet addresses provided for convenience.

The availability of native USDC on zkSync opens up new possibilities for users looking to leverage the benefits of layer 2 scaling solutions. With zkSync’s focus on security, scalability, and low transaction fees, users can expect faster transaction times and lower costs compared to on-chain transactions on the Ethereum network.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Circle Launches Native USDC

USDC

USDC on zkSync

Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.