The issuers of Stablecoin, Circle Internet Financial, and crypto exchange OKX are partnering for the launch of cutting-edge USDC features on the OKX wallet and OKX DEX aggregator, which will be a new milestone in the Web3 world.
OKX and Circle are coming with gas-free USDC traction without any network fees and the integration of the OKX DEX aggregator with the Cross-Chain Transfer Protocol (CCTP) of Circle. It also allows USDC cross-chain across Ethereum, Avalanche, Arbitrum, and the OP Mainnet ecosystems.
Due to the integration of the Circle’s CCTP with the OKX DEX aggregator, a permissionless on-chain utility that enables USDC to move natively between blockchains, any user who trades USDC pairs benefits from a more streamlined experience.
The OKX DEX aggregator is anticipated to support additional blockchains for USDC cross-chain capabilities as new CCTP routes become accessible.
From September 7 to October 5, 2023, the user of the ‘USDC Zero Network Fee Campaign’ enables OKX Wallet’s Smart Account to conduct the USDC transaction without network fees. OKX wallet’s Smart Account feature allows seamless transactions over multiple blockchains with the use of stablecoins like USDC.
Jason Lau, the chief innovation officer of OKX, said, “OKX is committed to improving usability and accessibility for users in the Web3 space, and now users have an even better experience as they interact and transact using USDC.”
“Circle is delighted to improve access to DeFi with CCTP and innovative gas abstraction features built on USDC in order to streamline user experiences, pioneer transformative change in finance and drive greater adoption of blockchain-powered technology,” said Circle’s Chief Strategy Officer and Head of Global Policy, Dante Disparte.
Also Read: OKX Releases 10th Consecutive Monthly Proof of Reserves Report
