USD Coin (USDC), the second-largest stablecoin, will integrate with layer-1 blockchain Sui, enhancing usability, security, and interoperability.
Key Highlights:
- Native USDC support via Cross-Chain Transfer Protocol (CCTP)
- Permissionless on-chain utility for seamless transfers between blockchains
- Sui's Move programming language and parallel transaction execution
- Integration marks significant milestone in Sui ecosystem maturation
Reactions:
- Adeniyi Abiodun (Mysten Labs co-founder): Combination of USDC and Sui solidifies industry leadership
- Sui Foundation: Enhanced usability, security, and interoperability for users and developers
Stay updated for further developments.