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Circle announces bridged upgrade in Native for Linea

Circle announces bridged upgrade in Native for Linea

The circle, the publisher of the second largest StableCoin in the CAPS USER market, plans to rewind the USDC’s extensions openly on a layer 2 Blockoine LINEA.

To an announcement At 5th March, the circle said Etemferum with zero knowledge (El) Layer 2 will be the first USDC testing block (USDC) Upgrade. Linea is set to move from the midship version of the USDC to the Maternal version.

Circle introduced Excessive USD Standard in November 2023. and since then, StableCoin has become one of the most popular means within the CRIPTO ecosystem.

New blocks often arrest the bridged version right now $ 56 Billion StableCoin in their Mainnet’s test or setting. The circle added the parent support of several EVM blockages, rollups and other L2 platforms in the past.

However, Linea is set to the first blockchain network that will have a wide USD or USDC.e, uninterrupted to the native issue. This means that the scheduling that offers security is fully reserved and redeemable 1: 1 for US dollars.

“We History make a circle by the first upgrade from bridge to the original USDC with a zero disorder, no liquidity fragmentation, just faster, safer transactions – that is what a construction-free construction structure looks,” Linea Posted on X.

The upgrade will see bridging Pause for USDC.E 16. Marta 2025. years. However, USDC.e will remain usable in chain activities, such as trade, spending and replacement.

How the circular notes in your blog announces the letter to Linea USDC on Linei, support includes access to the transfer protocol of Stablecoin issuer.

The circuit will also add CCTP V2 support for LINE after the USER startup L2, connecting to Etherum, avalanches and a cross-crossing base.

Runged by consenses, Linea noticed significant growth because her Mainnet went to July 2023. years. The number of decentralized applications online has exceeded 400, with more than $ 250 million transactions.

Use cases that see significant growth include decentralized finances, playing, non-fungal tokens and digital identity, among others. L2 leads as the top ZKEVM according to the total value of secured and, by defilaCurrently, they praise more than 190 million dollars in the total value locked.

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2025-03-05 19:22:00

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