“Integration of Circle’s USD Coin on Ethereum zkSync Boosts Layer-2 Stability”

Circle, a prominent stablecoin issuer, has recently announced the expansion of its support for USD Coin (USDC) to now include Ethereum’s zkSync, a zero-knowledge layer-2 solution. This development, disclosed on April 9, 2024, represents a notable advancement for the ecosystem, allowing developers to leverage USDC on a scalable and efficient platform. The integration is anticipated to have a positive impact on various applications and DeFi protocols by streamlining payments, trading, and other financial services on a stable foundation. This move by Circle signifies a commitment to enhancing the usability and accessibility of USDC within the rapidly evolving cryptocurrency landscape.