USDC cryptocurrency to be launched on Sui network

USD Coin (USDC) officially joins the Sui layer-one (L1) blockchain network. By utilizing the Cross-Chain Transfer Protocol (CCTP), USDC support will be provided on the Sui platform, facilitating asset transfers between different blockchains through integrated token burning and minting.

Benefits for developers and users

Sui, as a platform for "smart contracts," offers user-friendly tools for Web3 application developers. With programming in the Move language, the blockchain enables parallel transaction execution, significantly improving network performance. The integration of USDC and CCTP will enhance the platform's security and interoperability.

Key advantages for the Sui ecosystem

The co-founder of Mysten Labs noted that the support of USDC as a native asset strengthens Sui's position in the blockchain market. The combination of world-class technology with one of the most reliable digital currencies ensures secure and convenient access to the platform for the community.