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Home»Blockchain»Oasys launches Bridged USDC (Celer) standard for enhanced cryptocurrency transactions
Blockchain

Oasys launches Bridged USDC (Celer) standard for enhanced cryptocurrency transactions

2024-04-18No Comments2 Mins Read
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Oasys, a leading organization in the cryptocurrency ecosystem, recently launched major improvements to the bridged $USDC, a significant improvement for its users. Oasys, in collaboration with cBridge, has developed the Bridged USDC standard for all $USDC bridged to the cBridge-based $USDC platform.

Bridged USDC (Celer) on Oasys achieves compatibility with Circle’s CCTP Bridge

It is an important phase intended to ensure that Brigded USDC is outright interoperable and positions the implementation for potentially possible native issuance of the new cryptocurrency to OAS. The Bridged USDC standard demonstrates Oasys’ commitment to providing a premium consumer experience. It will also support the transfer and use of the ecosystem without interruption.

Additionally, the cryptocurrency’s Brigded USDC (Celer), recently launched in Oasys, is now fully compatible with the CCTP bridge that Circle operates. Users can now bridge the $USDC tokens between OAS and other bridges that support CCTP bridge under the Circle bridge. It will support the cryptocurrency ecosystem and not limit future developments and developments.

cBridge updates token names for Oasys USDC

The transition is intended to be easy and straightforward for consumers who own Legacy Bridged USDC to OAS. While customers can bridge their tokens back to Ethereum, any transfer of USDC from Ethereum to the property will be changed to the new Bridged USDC type. This entry is intended to be easy and simple for customers. So there is no interruption in consumers’ regular work on real estate.

On cBridge, changes are reflected in token names and symbols. Previously, cBridge referred to Oasys USDC as Legacy Bridged USDC with a token called USDCcoleagacy, which has been updated to the new cBridge Bridged USDC co, called USDC.e. Additionally, this update aims to simplify membership checking and honor the commitment to users.

See also  Union Labs and Lava Network Join Forces to Launch a $100K Incentivized Public RPC Campaign

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Bridged Celer Cryptocurrency enhanced Launches Oasys Standard transactions USDC
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