š Big news, folks! Circle's native USDC is now live on zkSync, the leading Layer2 rollup, making it a breeze for devs and users to access - no bridges needed! š
š¹ USDC now boasts support on 16 blockchain networks.
š¹ Expect to see big names in DeFi like Koi Finance, SyncSwap, and ZeroLend embracing native USDC on zkSync for payments, trading, lending, and more.
Why the hype about native USDC?
šø It's a regulated asset, fully backed and redeemable 1:1 for US dollars - stability and assurance, check!
šø Seamless integration into institutional on/off-ramps like Circle Mint - streamlining processes for all.
šø Easy incorporation into existing apps - a simple solution for businesses wanting to add stablecoin functionalities.
Note: Native USDC isn't the same as bridged USDC (USDC.e on zkSync). The latter is transferred from Ethereum via a bridge, not issued by Circle.
What are your thoughts on this development? Let's chat below! š #DeFi #Layer2 #USDC #zkSync