BREAKING đš
Native USDC gains crossâchain capability, now flowing between Sui and 29 additional blockchains via CCTP v2 launch. đ
The new version implements a burnâmint workflow: a dApp burns USDC on the source chain, the CCTP API records the burn, and Circleâs mint authority issues native USDC on Sui. This seamless process eliminates the need for wrapped tokens and cuts transfer latency. Liquidity providers can now route capital across a broader network, boosting arbitrage opportunities. DeFi protocols on Sui are expected to see a surge in USDCâdenominated activity. đ
The upgrade positions USDC as the most versatile stablecoin across emerging ecosystems. âĄ
$OGN, $RLC, $OGN
Native USDC gains crossâchain capability, now flowing between Sui and 29 additional blockchains via CCTP v2 launch. đ
The new version implements a burnâmint workflow: a dApp burns USDC on the source chain, the CCTP API records the burn, and Circleâs mint authority issues native USDC on Sui. This seamless process eliminates the need for wrapped tokens and cuts transfer latency. Liquidity providers can now route capital across a broader network, boosting arbitrage opportunities. DeFi protocols on Sui are expected to see a surge in USDCâdenominated activity. đ
The upgrade positions USDC as the most versatile stablecoin across emerging ecosystems. âĄ
$OGN, $RLC, $OGN