Crypto Integration Milestone: Native USDC Now Available on Base Network
Crypto News – In a significant development, native USDC (USD Coin) is now effortlessly accessible on the Base network, eliminating the complexities of bridging processes. This exciting integration, officially announced through the Circle blog on September 5, marks a pivotal moment that extends the convenience and utility of USDC to both developers and users within the Base network.
Circle, a well-established and trusted entity in the digital currency space, is the official issuer of native USDC. This means that users can effortlessly exchange their native USD Coin for US dollars at a 1:1 ratio, underlining the reliability and stability of USDC as a digital currency.
To access this token seamlessly within the Base network, developers and users can leverage Circle accounts and the Circle API, both of which offer comprehensive support for Base USDC. This user-friendly integration significantly streamlines the process of incorporating USDC into transactions, offering a smoother and more efficient experience for participants within the Base network ecosystem.
For those seeking the token address of this native token on the Base network, it is as follows: 0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913.
Base is actively engaged in collaborations with its ecosystem partners to facilitate the seamless migration of liquidity from USDbC to USDC. This strategic transition ensures that users can move their assets with ease and efficiency, ultimately enhancing their overall experience within the Base network.
Furthermore, in conjunction with Base’s efforts, Coinbase, a globally recognized digital asset exchange, plays a pivotal role in this transition. Coinbase offers users a convenient method to deposit USDbC and withdraw USD Coin to digital wallets, including Coinbase Wallet, thereby providing a straightforward gateway for users to access native USD Coin.
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