XION is the First L1 Blockchain to Use USDC!

The post XION is the First L1 Blockchain to Use USDC! appeared first on Coinpedia Fintech News

XION, a new blockchain platform, has received investment from Circle and now stands as the first L1 blockchain to use USDC as its primary transaction currency. XION will use USDC to collect and swap for the native token and reward validators. The modular account abstraction layer provides a versatile foundation for developing personalized blockchain applications, ensuring a more streamlined and customized user experience. With the backing of Circle, XION positions itself as a major player in the crypto market and aims to revolutionize how blockchain transactions are conducted.