COTI has declared a new important milestone to achieve the goal of improving liquidity and services for financial markets. It adds the bridged USDC standard of Circle to COTI V2, and this is an important step to move forward when it enters the Stablecoin industry. This will improve the possibilities of the Defi company, lead to an easy exchange of assets and facilitate new and various Dapps.
The announcement of COTI X USDC 🎉 $ USDC will be the first stablecoin on COTI V2, stimulating the liquidity, the Defi growth is stimulated and the road is released for further Stablecoin partners.
An important step for the COTI ecosystem!
More information 👉 https://t.co/ejzqokrobg admecoti @Circle pic.twitter.com/fqacczf0rw– Coti Foundation (@cotinetwork) February 14, 2025
Stablecoins such as the USDC offer speed and efficiency of blockchain in their transactions, while still having high stability, similar to those of Fiat -Maluta. The increasing acceptance of USDC about the crypto space means more users and developers; The integration will therefore offer a way to promote better liquidity.
Why Stablecoins are essential for COTI
Stablecoins have become central in many forms of decentralized financial applications such as loans, borrowing, acting and, more importantly, assets exchanges. In general, USDC integration is one of the positive steps that COTI takes to improve its Defi platform and offer users a stable digital currency.
Another essential advantage for USDC is the high liquidity and balance support that consists of cash and short -term invoices in the United States. This makes it possible to consistently maintain a PEG of $ 1, and as such is preferred by trade fairs, traders and dapps, among other things. In addition, Stablecoins as a USDC are crucial when working with RWAS, because they make a mirroring of off-chain value possible when transacting on the blockchain.
How the USDC bridge works on COTI V2
The USDC bridge makes it possible to bridge between the USDC of various networks to keep it 100% supported and safe. Here is how it works:
- Interested users deposit their USDC on the Bronblockchain within the smart contract of the bridge, where they are locked until they are needed.
- Each USDC is made on COTI V2 to be 100% supported by the equivalent value in USDC.
- These USDC.E -Tokens can be used in the Defi platform of IT.
- If users want to bring their USDC back to the Brongeten, these tokens are burned on COTI V2 and the original USDC is received from the other chain.
The way for us: More stablecoins on Coti
This is just the first step for Coti in his search to embrace Stablecoins in his activities. They are now planning to add more stablecoins such as Djed to add more to the liquidity and freedom of operations that the individual needs.
With the launch of USDC on V2, there are new programs, custodian, Dapps and partnership options that open in the Web3 area with the network.
