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Celer Network Partners with Oasys to Enable USDC Bridging

Twitter icon  •  Published 6 months ago on July 4, 2024  •  Hassan Maishera

The Celer Network announced via X on Wednesday that it has partnered with Oasys, the blockchain for games, so that going forward all $USDC bridged to Oasys using cBridge will follow the Bridged USDC Standard.

Celer Network Partners with Oasys to Enable USDC Bridging

The Celer Network announced via X on Wednesday that it has partnered with Oasys, the blockchain for games, so that going forward all $USDC bridged to Oasys using cBridge will follow the Bridged USDC Standard.

The new Bridged USDC (Celer) in Oasys has the ability to seamlessly upgrade to native issuance in the future. Holders of Legacy Bridged USDC on Oasys are still able to bridge the token back to Ethereum but will be only able to bridge into the new Bridged USDC (Celer) when they transfer USDC from Ethereum to Oasys.

Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, the native token of Celer Network, is down by 3% in the last 24 hours and is currently trading at $0.01395.

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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.