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Optimism Partners With Circle To Bring USDC To Its Blockchain

Twitter icon  •  Published il y a 7 mois  •  Hassan Maishera

The Optimism team announced via X (formerly Twitter) on Wednesday that it has partnered with Circle to bring the USDC stablecoin to the Optimism mainnet.

The Optimism team announced via X (formerly Twitter) on Wednesday that it has partnered with Circle to bring the USDC stablecoin to the Optimism mainnet. The team said USDC issued by Circle will be native to OP Mainnet and can be considered the official form of USDC for the ecosystem. Over time, native USDC liquidity may grow and replace the currently circulating bridged USDC liquidity that comes from Ethereum.

Optimism added that the move is set to further enable institutional on and off-ramps to and from its blockchain. 

Optimism’s main utility is to batch transactions on the Optimism network. Optimism allows users to enjoy lower gas fees on their transactions executed on the Optimism network through optimistic roll-up technology. OP is trading at $1.482, down by 1% in the last 24 hours. 

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.