USDC Launches on Sui Network

Circle, the issuer of USDC, announced that the stablecoin will soon be natively supported on the Sui blockchain. This integration is expected to boost Sui's appeal to developers and users by improving the network's security, usability, and interoperability.

TON Foundation Partners with Curve Finance

The TON Foundation has partnered with decentralized exchange Curve Finance to improve stablecoin trading on the TON blockchain. The collaboration will focus on integrating Curve's Constant Function Market Maker (CFMM) technology, which is known for minimizing price volatility and slippage in stablecoin swaps.

Tether's USDT Dominates Stablecoin Market

Tether's USDT now dominates 75% of the stablecoin market, driven by increasing demand during both bearish and bullish markets. This shows the growing importance of stablecoins in the cryptocurrency ecosystem.

UK Explores Blockchain-Based Payment Systems

The UK's finance trade body is exploring blockchain-based payment systems through the Regulated Liability Network (RLN) to boost innovation, security, and efficiency in the country's finance industry.

Stablecoin Expansion and Adoption Continues

The integration of USDC on the Sui network and the partnership between TON Foundation and Curve Finance demonstrate the ongoing expansion and adoption of stablecoins in the cryptocurrency market, highlighting their importance in facilitating seamless transactions and trading.

Source: https://coinpaper.com/5399/circle-s-usdc-stablecoin-set-to-launch-on-sui-network

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