Arbitrum Partners with Circle to Use USDC as Gas Token on Orbit

Aug 7, 2024, 04:13 PM

Arbitrum, a prominent Ethereum Layer 2 scaling solution, has announced a partnership with Circle to integrate Circle's bridged USDC as a custom gas token on Arbitrum Orbit blockchains. This development allows developers to use USDC for transaction fees, potentially enhancing user experience and enabling new types of applications on the Orbit platform. The move is supported by various stakeholders, including Alchemy Platform, Ankr, and Caldera, who are optimistic about the potential for creating frictionless user experiences. This integration marks a significant step in Orbit's expansion beyond the Ethereum ecosystem, with a focus on improving user-centric services.