Celer collaborates with Oasys to support bridging the USDC standard, with the bridged asset token symbol as USDC.e

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2024-07-03 13:10:23

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According to official sources, Oasys, a blockchain gaming ecosystem, announced its partnership with non-custodial asset bridging provider Celer to launch bridging support for the USDC standard on the Oasys blockchain, aiming to provide a potential upgrade path from bridged USDC to native USDC for eligible blockchains in the future. The Oasys ecosystem will deploy a new bridged USDC, called ‘Bridged USDC (Celer)’, following the Circle standard, to all developers and users. The bridged USDC token will be denoted as ‘USDC.e’ and will be supported at a 1:1 ratio by USDC locked in Ethereum-based smart contracts.

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