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Bridged USDC Standard is Now Available for all Arbitrum Orbit Chains

Twitter icon  •  Published il y a 2 mois  •  Hassan Maishera

On Thursday, the Arbitrum team announced via X that Bridged USDC Standard is now available for all Orbit chains.

On Thursday, the Arbitrum team announced via X that Bridged USDC Standard is now available for all Orbit chains. Bridged USDC Standard empowers EVM blockchain and rollup teams to reduce liquidity fragmentation with a single form of bridged USDC that their ecosystem can build around.

The team explained that Circle’s specification and process make it easy to deploy the Bridged USDC standard to Arbitrum Orbit chains, with the option of a future upgrade to native USDC.

Furthermore, Orbit chains that adopt the standard will enjoy reduced liquidity fragmentation, as they will have a single form of bridged USDC around which their ecosystem can be built.

Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is up 4% today and is trading at $0.6301.

Next article Coinbase Ends USDC Rewards for Europe-Based Customers in Response to MiCA

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.