Huge Step from Circle: USDC Expands to Over 50 Networks

Cosmos Users Will Benefit Greatly from This Development

The arrival of USDC in the Cosmos ecosystem through the Noble network may be only the beginning of a larger initiative to bring more assets to the platform. Noble’s primary focus is to allow native Ethereum tokens to be used on the Cosmos network, which could potentially bring a significant amount of liquidity to Cosmos. However, no specific timeline or details have been provided regarding the arrival of other assets.
The Cosmos blockchain network ecosystem has amassed an impressive total value locked (TVL) of $1 billion. Five networks have been identified as the primary drivers of its success: Cronos, Kava, Osmosis, Thorchain, and Canto – according to insights from defillama.com.

FOR MORE INFO: finvestime.com

Comments

Popular Posts