Circle Launches Native USDC on Aptos Mainnet
In the latest development, the circle Announce Its Stablecoin USDC has been played on the 1st layer of APATOS Mainnet and for all developers and users. Through new development, developers and users do not need bridge when performing transactions.
This integration makes financial institutions easy to obtain USDC liquidity and benefit from the fast security network of APTOS.
APTO: Extended blockchain refueling DEFI growth
APTO is a mobile layer 1 blockchain, which aims to be safe, expandable and upgraded Web3 infrastructure. APTO’s DEFI ecosystem in 2024 increased by 10 times, providing developers with tools for creating payment solutions and FEFI applications for extensive adoption.
With the help of USDC, APTOS developers can use the world’s largest supervised US dollar Stablecoin to establish a financial future. APTOS supports applications used for various uses, including DEFI, dot paid payment, cross -border remittances, global business, RWAS, games, etc.
Local and bridge
Local USDC is officially issued by Circle and can be exchanged for $ 1: 1. APTOS used to use a bridge version called LZUSDC’s USD coin. The coin was not issued by Circle, but a bridge on Layerzero bridged by Ethereum through the Aptosbridge bridge.
Bridge providers based on Loyezero have played a key role in the growth of LZUSDC in the growth of LZUSDC, which affects Circle’s decision to bring local USDC to the Aptos ecosystem. The APTOS team and bridge provider will cooperate with the ecosystem participants to help migrate from LZUSDC to local USDC over time.
With the help of cross -chain transmission protocols (CCTP) on APTO, interoperability providers such as wormholes will enable developers and users to transfer USDC between blockchain. Circle also pointed out that in the near future, USDC will be supported on Coinbase.
