Sonic, the popular blockchain network, is live on the fiat-to-crypto liquidity infrastructure of Circle, the crypto platform that issues $USDC. With the launch of Sonic on Circle Gateway, it has integrated the native $USDC stablecoin with unified liquidity across compatible blockchains. As mentioned in the official social media announcement of Sonic, the development streamlines $USDC access for DeFi platforms, institutions, and developers. Additionally, it also eliminates delays and fragmentations, positioning Sonic as a rapid channel for worldwide financial flows.
Sonic Unveils Unified $USDC Liquidity via Circle Gateway Integration
By going live on Circle’s Gateway, Sonic now officially integrates unified $USDC liquidity. This marks a key landmark development for Sonic with a robust cross-chain liquidity infrastructure for all supported blockchains. The development reaffirms the role of Sonic as a prioritized hub in the rapidly advancing Web3 economy. As a result of this, the users can anticipate faster settlement, enhanced capital efficiency to drive DeFi protocols, and minimized gas costs.
Unlocking Unique Cross-Chain Opportunities for Liquidity Providers and Builders
According to Sonic, by integrating with Circle Gateway, the platform elevates its status as a strategic collaborator for fintech entities, asset managers, and exchanges. Additionally, the move also advances Sonic’s wider objective to unify liquidity while also pushing forward financial access for decentralized networks. Moreover, while $USDC is now live on Sonic with unified liquidity via Circle Gateway, the platform brings new possibilities for liquidity providers, institutions, and builders in multi-chain finance.
Source: https://blockchainreporter.net/sonic-goes-live-on-circle-gateway-adds-native-usdc-with-unified-cross-chain-liquidity/
