👉👉👉 Internet Computer Launches ckUSDC Sepolia, an #ICP Copy of #usdc in ckERC20 Token Standard
The testing version of the ckETH minter on the Internet Computer (ICP) mainnet has been upgraded to include the Sepolia version of the USDC token. Users can now obtain Sepolia $ETH and USDC from online faucets to interact with these tokens.
Once acquired, users can deposit Sepolia ETH and USDC to mint ckETH and ckUSDC respectively. The DFINITY Foundation, responsible for developing technology for the ICP blockchain, oversees this process.
It's important to note that while ckETH is necessary for withdrawing ckUSDC and receiving USDC back, it's not required for depositing USDC. Additionally, a portion of the ckSepoliaETH will cover transfer transactions on the Sepolia testnet.
Canister IDs for the ckSepoliaETH minter are available for reference, and a dashboard displays conversions and corresponding Ethereum transactions for ckETH and ckERC20 transactions.
Developers are encouraged to experiment with ckUSDC for supporting conversions between #ERC20 and ck-twin tokens in their dapps. Müller emphasizes that the project is still in development, and users may encounter bugs, with the canister's state potentially resetting upon upgrades.
There is currently no user-friendly front-end available, so users should be comfortable using dfx calls, especially for the final step.
Last June, the ICP launched an upgrade proposed by the community to expand support for all canister smart contracts, allowing users to hold and transfer ICP tokens. DFINITY also announced plans to integrate the Bitcoin network directly with the Internet Computer, enabling smart contracts on Bitcoin through Chain Key cryptography.
Source - cryptonews.com
