Circle has announced the integration of its USDC stablecoin natively into the zkSync ecosystem.

The integration marks a progressive step in enhancing liquidity and usability within zkSync, a layer 2 scaling solution for Ethereum (ETH) that leverages zero-knowledge proofs for increased efficiency and reduced costs.

According to the latest blog post from Circle, “The forthcoming native USDC on zkSync is set to usher in a new era of seamless transactions and integration capabilities for developers and institutional users alike. USDC, issued by Circle, will be native to zkSync and is the official form of USDC for the zkSync ecosystem.”

The transition to native support is anticipated to gradually shift the current liquidity from the bridged USDC —originally from Ethereum and moved to zkSync via the zkSync Era Bridge — to the new native format.

The inherent benefits of native USDC on zkSync include its status as a regulated, fully reserved

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Author: Bralon Hill

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