Hassan Maishera
On Thursday, the Zilliqa team announced via a blog post that it has introduced zUSDC, a USDC representation powered by Zilliqa’s native XBridge infrastructure.
This transition strengthens Zilliqa’s control over critical financial infrastructure while ensuring stablecoin liquidity continues to operate seamlessly across the ecosystem. zUSDC is a representation of USDC bridged to Zilliqa through the network’s native XBridge infrastructure.
The migration process involves:
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Bridging existing USDC liquidity back to Ethereum
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Minting zUSDC under Zilliqa-managed infrastructure
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Re-bridging funds to Zilliqa via XBridge
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Redeploying liquidity into ecosystem trading pools
For users, zUSDC continues to support the same core functionality, including:
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Stablecoin trading liquidity
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DEX liquidity pool participation
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Arbitrage opportunities across stable pairs such as kUSDC, zUSDT, and zUSDC
To improve long-term reliability and infrastructure sovereignty, Zilliqa is transitioning stablecoin liquidity to native infrastructure through XBridge. This ensures sustainable operations while maintaining uninterrupted ecosystem functionality.
This transition also aligns with Zilliqa’s broader strategy of building institutionally compatible blockchain infrastructure, where critical financial rails are operated directly by the network.
Zilliqa (ZIL) is one of the world’s first blockchains being built on a sharded architecture and features smart contracts written in the platform’s proprietary programming language: Scilla.
Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming. ZIL is trading at $0.004207, down 2% in the last 24 hours.
