• The Fantom Foundation has partnered with Circle and Wormhole to launch USDC.e stablecoin.
• Bridging USDC via Wormhole and potential upgrades to native status streamline processes for users and developers.
• USDC.e launch minimizes liquidity fragmentation, fosters on-chain liquidity, and anticipates benefits for ecosystem participants.

Fantom is set to roll out its new stablecoin, USDC.e, in collaboration with Circle and Wormhole. Billed to debut on April 5, this move marks a positive for the Fantom Foundation and promises potential upsides for users. USDC.e is bridged via Wormhole from native $USDC on Ethereum, boasting potential future upgrades to native USDC status.

With the backing of stablecoin giant Circle and leveraging Wormhole’s infrastructure, USDC.e will be utilized as a stablecoin within the Fantom network. This move addresses liquidity fragmentation concerns while enhancing stability and accessibility for users and developers.

By utilizing Wormhole’s Native Token Transfers (NTT) standard, users and developers can easily access USDC.e on Fantom’s ecosystem. Moreover, this move provides valuable on-ramps for newcomers and facilitates smoother tran…

The post Fantom Set to Unveil Canonical Stablecoin Backed by Circle and Wormhole appeared first on Coin Edition.

• The Fantom Foundation has partnered with Circle and Wormhole to launch USDC.e stablecoin.
• Bridging USDC via Wormhole and potential upgrades to native status streamline processes for users and developers.
• USDC.e launch minimizes liquidity fragmentation, fosters on-chain liquidity, and anticipates benefits for ecosystem participants.

Fantom is set to roll out its new stablecoin, USDC.e, in collaboration with Circle and Wormhole. Billed to debut on April 5, this move marks a positive for the Fantom Foundation and promises potential upsides for users. USDC.e is bridged via Wormhole from native $USDC on Ethereum, boasting potential future upgrades to native USDC status.

With the backing of stablecoin giant Circle and leveraging Wormhole’s infrastructure, USDC.e will be utilized as a stablecoin within the Fantom network. This move addresses liquidity fragmentation concerns while enhancing stability and accessibility for users and developers.

By utilizing Wormhole’s Native Token Transfers (NTT) standard, users and developers can easily access USDC.e on Fantom’s ecosystem. Moreover, this move provides valuable on-ramps for newcomers and facilitates smoother tran…

The post Fantom Set to Unveil Canonical Stablecoin Backed by Circle and Wormhole appeared first on Coin Edition.