Circle has introduced Circle xReserve, a new interoperability infrastructure designed to facilitate the deployment of USDC-backed stablecoins. This platform enables blockchain developers to create stablecoins that are fully interoperable with USDC, allowing seamless value transfers across supported blockchains without third-party bridges. The xReserve certification service powers this functionality, enhancing the efficiency and security of stablecoin transactions. Partners Canton and Stacks are set to integrate with xReserve in the coming weeks, expanding its reach and utility.
Circle Unveils xReserve for USDC-Backed Stablecoin Interoperability
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
