Circle Integrates Arbitrum Into Web3 Infrastructure! đ
- Circle has integrated Arbitrum, Ethereum's largest layer-2, into its Web3 platform.
- USDC will support programmable wallets, smart contract tools, and gas fee reductions on Arbitrum.
- Arbitrum currently has a TVL of around $2.5 billion, serving as a DeFi hub for stablecoins.
- Circle also integrates with Avalanche, Ethereum, Polygon PoS, and Solana.
- Competing with USDT, USDC has a market cap of $35 billion, compared to USDT's $118 billion.
- PayPal US (PYUSD) also joins the race with a market cap of $1 billion.
- Circle allows USDC to be minted directly on Arbitrum and supports free transfers between chains.
- Arbitrum is growing strongly in the field of tokenized real assets (RWA).
What do you think about this move by Circle? Comment now! đŹ
