Native USDC and CCTP are coming to EDGE Chain: What you need to know

We’re excited to announce that native USDC and Circle CCTP are coming soon to EDGE Chain.

Circle Ventures has invested into edgeX, the team behind EDGE Chain, reflecting our conviction in the broader EDGE ecosystem as a scalable, high-performance environment for applications built with USDC and CCTP.

EDGE Chain is a layer-3 (L3) blockchain that powers edgeX, a fast-growing perpetual DEX that is designed to deliver competitive trading speed and performance more commonly found on a centralized exchange (CEX). EDGE Chain leverages the Arbitrum layer-2 (L2) chain for security and ultimately finalizes settlement on layer-1 (L1) Ethereum.

With the upcoming launch of native USDC and CCTP, EDGE Chain will gain access to the world’s largest regulated¹ stablecoin, and secure crosschain transfers with CCTP. This upcoming integration will enable new use cases for institutions, developers, traders, infrastructure providers, market makers, and other EDGE ecosystem users.

Benefits of native USDC and CCTP on EDGE Chain

Native USDC on EDGE Chain is designed to provide a trusted digital dollar that can be used for trading, lending, and other onchain activity. Native USDC on EDGE Chain offers benefits like:

• A regulated¹, fully reserved stablecoin redeemable 1:1 for US dollars²
• Institutional on/offramps via Circle Mint³ for eligible users
• Easy integration into edgeX and other EDGE apps

Meanwhile, CCTP makes it easier to move USDC across supported blockchains without relying on bridged or wrapped assets. CCTP on EDGE Chain enables developers to:

• Securely and efficiently move USDC between EDGE and other supported blockchains
• Choose between Standard Transfer and Fast Transfer according to their requirements
• Build apps that support seamless crosschain onboarding, trading, margin, lending, and other financial applications

Native USDC is intended to serve as a foundational building block for a range of use cases across the EDGE Chain ecosystem. One key area is DeFi markets, where USDC can enable 24/7 settlement on edgeX across lending, spot trading, and perpetuals.

Bridged versus native USDC

EDGE Chain currently supports Bridged USDC (USDC.e) created by Alchemy. The EDGE Chain and edgeX teams will work with ecosystem apps and users to smoothly migrate all USDC.e liquidity to native USDC over time.

Bridged USDC will remain clearly labeled as “USDC.e” in block explorers, app interfaces, and documentation.

Native USDC issued by Circle¹

Token Name: USDC

Token Symbol: USDC

Mainnet Address: Coming soon

Testnet Address: 0x7433b41C6c5e1d58D4Da99483609520255ab661B

Starting today, developers can start to experiment with fund flows on EDGE Chain by getting free testnet USDC from Circle’s Faucet.

Bridged USDC from Ethereum

Token Name: Bridged USDC (Alchemy)

Token Symbol: USDC.e

Mainnet Address: 0xd8e20462EDCe38434616Cc6A6a560BB76B582ED8

Stay tuned for launch

We’re thrilled for the impact this launch will have on EDGE Chain’s trading ecosystem including edgeX. More details to come. Feel free to reach out on Discord and engage with our team if you have any questions.

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¹ USDC is issued by regulated affiliates of Circle. A list of Circle’s regulatory authorizations can be found here. 

² Circle Mint customers are able to redeem USDC directly from Circle. In addition, Circle will redeem all USDC presented to it for redemption in compliance with MiCAR, regardless of whether the holder is a Circle Mint customer. Circle Mint is currently available only to institutions and is not available to individuals.

³ Circle Mint and money transmission services are provided by Circle Internet Financial, LLC. Circle Internet Financial, LLC, NMLS # 1201441, is a licensed provider of money transmission services. A full list of Circle’s licenses can be found here. Circle Mint is currently available only to institutions and is not available to individuals.