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Native USDC Now Available on Sui Through Navi Protocol
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Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...
Circle, issuer of the the second-largest stablecoin by market capitalization, USD Coin, has officially launched USDC on Sui, a Layer-1 blockchain.
Sui is the first blockchain using the Move programming language to support native USDC, opening up new possibilities for developers and users alike, according to Circle’s blog post from Oct. 9.
Navi Protocol, Sui’s lending platform with $364 million in total value locked (TVL), is the first to integrate USDC.
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