According to a report from BlockBeats that cites Fortune as its source, Circle, the issuer of USDC, has strategically invested in Sei Network. This initiative will back the launch of Sei's native USDC and enable its integration with the network's rapidly expanding array of applications, including the well-known decentralized exchange: Sushiswap.
Wyatt Lonergan, a principal at Circle Ventures, shared his perspective: "We look forward to closely collaborating with the team at Sei to integrate USDC, enabling developers and users to engage in cost-effective and high-speed transactions on the network." This strategic partnership will empower Sei Network's ability to facilitate seamless transactions and sets the stage for the expanded use of stablecoins in the crypto ecosystem.
