Circle Announces Circle Gateway: No More Bridging USDC Across Multiple Chains?

Stablecoin issuer Circle (NYSE: CRCL) announced on Tuesday that its flagship stablecoin asset USDC which currently has a market capitalization of roughly $62 billion, will soon have crosschain access via a tool dubbed “Circle Gateway,” as early as July. USDC is currently supported on 23 blockchains. Users must typically “bridge” the stablecoin from one network […]