Circle USDC Set to Transform zkSync Transactions

Circle USDC Set to Transform zkSync Transactions

Circle has officially announced the integration of its USDC stablecoin with the zkSync ecosystem. This step is expected to change the liquidity and usability within zkSync, a layer 2 scaling solution to Ethereum that uses zero-knowledge proofs for better performance improvement and cost cut. The integration defines a remarkable move in the crypto world. It emphasizes Circle’s supportive role in frictionless transactions, which will improve the user experience for both developers and institutional users on zkSync.
In a blog post, Circle highlighted the implications of this integration, noting that native USDC on zkSync will open a new generation of transactions and developer integrations. Circle’s USDC is within the zkSync ecosystem natively, hence designating it as the ecosystem’s official stablecoin. The transition to native support is aimed at shifting the liquidity from the Ethereum-bridged USDC to the new native format, which will result in improvements in the stability and f

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