Last November, Aptos Foundation Declare The dollar dollar currency (USDC) will be launched on Layer-1 Blockchain, Aptos.
Two months later, Stablecoin source certain The transmission protocol of the cross chain and the original USDC now lives on the APTOS network.
APTOS now supports original USDC
Through this original support, financial companies and APTOS users can now use Stablecoin liquidity for several purposes, such as peer paid payments, decentralized financing, gambling, transfers, and assets in the real world. Previously, APTOS used an intermediate version of this currency, known as Lzusdc, distributed across Layerzero.
This stablecoin was blocked from Ethereum to APTOS via the Aptos bridge from Layerzero, but Circle did not issue it. The Circle Serial Transfer Protocol in Circle will enable Stablecoin between Blockchains through inter -operating providers.
The worm has implemented a similar interlocking capacity. Now that the original support is available, the bridge provider like Stargate, based on Layerzero, with the environmental Aptos system to allow the move from Stablecoin the sensor to its original version.
Stargate was responsible for the growth of Izusdc on Aptos. However, this migration will not be completed soon. In a tweet, Circle Coinbase and many pioneering ecosystem applications for the original USDC support on APTOS will soon.
According to the worm advertisementThe transmission protocol through the chain has been combined on AptosEnabling USA’s original currency transactions in Decentralization applications With “three lines of the code.” Some APTOS -based protocols include this feature of Thala Labs, Echelon Market, Cellana Finance and MESO.
This advertisement coincides with the high price of the original code for APTOS (APT). Coingecko data showed that APT more 5.2 % in the past 24 hours and was circulated at $ 7.92 at the time of writing this report.
Earlier this month, will kick open The USDC Stablecoin trading increased by 78 % year on an annual basis in 2024. This growth is noticeable, given that it is higher compared to other Stablecoins during the period under review.
Jeremy Aller, co -founder of the company, Jeremy Aller, stated that Stablecoin has started the year strongly and can outperform the USDT from Tether as the dominant Stablecoin.
