USDC

Circle CEO Jeremy Allaire announced that the USDC stablecoin will be launched soon on the Sui Network. According to an X post on Tuesday, Circle will be collaborating with Sui Network to launch the second largest stablecoin on Sui Network&#39;s layer 1 blockchain. With this initiative, the stablecoin&#39;s support will expand to more than 15 blockchain networks.The <a href="https://cryptotale.org/buterin-linked-wallet-sells-190-eth-for-441971-usdc/" rel="noopener noreferrer nofollow">USDC </a>will be supported on the network with the help of the Cross-Chain Transfer Protocol (CCTP). The CCTP is a permissionless on-chain utility. The stablecoin transfers between the blockchain networks can be eased through mining and burning.With the partnership of USDC and CCTP, the Sui Network can elevate its usability, security, and interoperability for users and developers. By streamlining transactions and improving market efficiency, the Sui network can improve liquidity. The cross-chain transfer protocol can solve liquidity issues by moving the USDC effectively. By shifting the stablecoin from one blockchain to another in a secure manner, these issues can be resolved.Developers can use USDC and enhance decentralized finance (DeFi) platforms, gaming, and e-commerce. With this option, users can seamlessly spend and manage their digital assets efficiently.Related: <a href="https://cryptotale.org/nubank-to-terminate-nucoin-trade-allows-shift-to-btc-usdc/" rel="noopener noreferrer nofollow">https://cryptotale.org/nubank-to-terminate-nucoin-trade-allows-shift-to-btc-usdc/</a><a href="https://cryptotale.org/circles-usdc-to-go-live-on-sui-network-utilizing-cctp/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Circle’s USDC To Go Live on Sui Network, Utilizing CCTP

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