⚡️ Native support for $USDC is a very important thing for Sui, and it is also Circle's recognition of Sui. This is not only between companies, but also in terms of compliance.

After this, users can easily withdraw USDC directly from the exchange to the Sui chain without using the bridged and packaged USDC.

And the direct projects on the Sui ecosystem must be supported at the first time. As the first DeFi protocol on Sui, the support provided by #NAVI is not only to open the USDC Vault, but also to provide a migration tool from wUSDC -> USDC.

This time, I want to add that NAVI is the third largest on-chain $USDC lending service provider, which means that Sui's native support for USDC is also very important for NAVI, not just as simple as changing a token vault.

The top position on Sui will allow NAVI to play a greater role and compete for more market share of USDC adoption rate. If we look at it from a larger perspective, it will help USDC compete for the stablecoin market, and its competitor will be USDT.

As of the time of writing, Coinbase has already supported Sui's USDC, and Coinbase is also a representative of compliant exchanges!