Upbit has officially confirmed that USDC (USD Stablecoin) will be integrated with the Solana blockchain for deposit and withdrawal operations beginning June 20, 2025, at 11:00 KST. This strategic move enhances transaction efficiency by leveraging Solana’s high throughput and low latency capabilities, offering users faster and more cost-effective stablecoin transfers. The integration underscores Upbit’s commitment to expanding its crypto asset infrastructure and improving liquidity options for traders. Market participants can anticipate smoother stablecoin transactions, which are critical for maintaining seamless trading experiences on the platform. This development aligns with broader industry trends favoring scalable blockchain solutions to support growing demand for digital asset services.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024