Singapore, Singapore, September 17th, 2024, Chainwire
Announcement marks the first blockchain based on the Move programming language to support these protocols
Sui, the Layer 1 blockchain offering industry-leading performance and infinite horizontal scaling, has announced the upcoming native launches of USDC and Cross-Chain Transfer Protocol (CCTP) on the Sui Network. Issued through Circle’s regulated entities, USDC is the largest regulated dollar-backed stablecoin in the industry with over a $35 billion market cap, as of September 17, 2024.
CCTP is a permissionless on-chain utility that attests to USDC transfers securely between blockchains and aims to provide a more secure and capital-efficient way to transact with USDC across supported blockchains.
Integrating native USDC and CCTP enhances Sui’s utility, security and interoperability for users and developers, with the intent of bringing more liquidity to the network, streamlining transactions, and improving market
We współpracy z: https://cryptodaily.co.uk/2024/09/sui-to-launch-circles-native-usdc-and-cctp
