Sonic Labs announced that the layer-one chain of the Ethereum Sonic virtual machine now supports the bridge version of the Circle stablecoin USDC.

USDC.e stablecoin on Sonic, which is pegged from the native USDC coin (US dollars) on Ethereum via Sonic Gateway, and is now on EVM L1. Sonic will leverage Circle's bridged USDC standard, according to advertisement From the platform.

By integrating bridged USDC, Sonic aims to bring the benefits of a stablecoin to its ecosystem and help stimulate developer activity. Bridging allows newly launched networks to reduce liquidity fragmentation and often leads to eventual upgrade to native support.

Why bridge USDC?

Using bridged USDC, developers can build decentralized applications on Sonic using contract addresses that will persist even when the network is upgraded to native USDC.

Bridged USDC means no code changes will occur during potential native support. Users across the ecosystem will also have a better experience when exchanging tokens on decentralized exchanges, and access the benefits of liquidity provision and payments.

circle recently a partner With Binance, the world's largest cryptocurrency exchange by volume, to accelerate USDC adoption. After securing MiCA registration, the USDC issuer achieved another milestone by becoming the first issuer of Meet new regulations in Canada.

Sonic Network users can bridge USDC from Ethereum via Sonic Gateway; From Solana and Phantom via Deepbridge. A USDC bridge is also available from other blockchains and DEXs to Sonic.

In December 2024, Sonic Labs announced the acceptance of an L1 proposal for Aaave integration Passed temperature check platform. Meanwhile, Sonic has welcomed key partnerships including with Curve Finance, KyberSwap and Sushi. Several exchanges have also announced their support for the transition from FTM to S.