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News Explorer — USDC Stablecoin to Launch on Ethereum Scaler Arbitrum

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Jun 1, 5:52 pm

Decrypt

USDC Stablecoin to Launch on Ethereum Scaler Arbitrum

Circle and Arbitrum have announced the launch of USDC natively on the Arbitrum network on June 8. This will provide users with institutional on- and off-ramps, faster transactions and lower fees, and the ability to burn USDC on the source chain and mint new tokens on the destination chain. USDC has seen a decrease in market capitalization over the past year.

Circle and Arbitrum have announced the launch of USDC natively on the Arbitrum network on June 8. This will provide users with institutional on- and off-ramps, faster transactions and lower fees, and the ability to burn USDC on the source chain and mint new tokens on the destination chain. USDC has seen a decrease in market capitalization over the past year.

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