Circle Ventures, the venture capital arm of USDC issuer Circle, has announced a strategic investment in edgeX, a high-performance decentralized exchange (DEX) protocol. This investment occurs as edgeX prepares for its highly anticipated native token launch. A core component of this partnership involves the integration of USDC as a primary stablecoin on the EDGE Chain, edgeX’s specialized blockchain infrastructure. The move is intended to enhance liquidity, provide a stable medium for settlement, and offer users a regulated, high-trust asset for trading. By leveraging USDC, edgeX aims to boost capital efficiency and attract both retail and institutional traders to its ecosystem. This collaboration underscores Circle’s commitment to supporting innovative DeFi infrastructure and expanding the utility of USDC across emerging blockchain networks.
Source: Circle Ventures invests in edgeX ahead of token launch, plans USDC on EDGE Chain
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