# Breaking News: Circle to Launch USDC on Sui!

According to The Block, Circle is launching its USDC stablecoin on the Layer 1 blockchain Sui. This is the fifteenth network integration since 2018. Jeremy Allaire, co-founder and CEO of Circle, said that USDC is scheduled to go live as early as next week.

The native token of the Sui network, SUI, rose more than 10% after the news was released and is currently trading at $1.15. Adeniyi Abiodun, chief product officer of Mysten Labs, said this marks another important milestone for the Sui ecosystem.

Circle also plans to launch USDC on Sui through the Cross-Chain Transfer Protocol (CCTP), providing users with a highly secure and capital-efficient way to trade in a multi-chain world.

What do you think of this integration? Welcome to discuss in the comments section!