News

Circle Launches Native USDC now available on zkSync

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.

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!

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.

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.

Recent Posts

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

32 minutes ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

34 minutes ago

MicroStrategy Convertible Notes Now Out of Stock With $3B Raised

The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…

1 hour ago

Qubetics, Cosmos, and Chainlink: Why These Cryptos Are Your Best Bet for November 2024

Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…

4 hours ago

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

7 hours ago

USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Palo Alto, California, 21st November 2024, Chainwire

10 hours ago

This website uses cookies.