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Cosmos Ecosystem New Development: Discussing Native USDC Integration Plan with Circle
[Crypto World] Cosmos Labs Co-CEO magmar revealed an important development during a recent internal discussion: the team is negotiating with Circle to introduce native USDC within the Cosmos ecosystem. This move means that the stablecoin USDC is expected to be directly deployed on the Cosmos network, rather than existing only as a cross-chain asset, which is significant for enhancing the liquidity and trading experience of stablecoins within the ecosystem.
USDC’s importance in the crypto market is well known, and native deployment will provide Cosmos users with a more efficient way to interact with stablecoins. This collaboration also reflects Cosmos ecosystem’s ongoing efforts to gain support from mainstream financial infrastructure.