Burnt, a layer-2 scaling solution backed by Animoca and Multicoin, has announced the launch of Xion, a layer-1 blockchain protocol. According to an October 5 tweet on X (formerly Twitter), Burnt noted that Xion is the first blockchain protocol to adopt the Circle-backed USDC stablecoin as its primary currency for transactions. With this stablecoin, users of the blockchain network can pay for gas fees. ...
Burnt, a layer-2 scaling solution backed by Animoca and Multicoin, has announced the launch of Xion, a layer-1 blockchain protocol. According to an October 5 tweet on X (formerly Twitter), Burnt noted that Xion is the first blockchain protocol to adopt the Circle-backed USDC stablecoin as its primary currency for transactions. With this stablecoin, users of the blockchain network can pay for gas fees. ...
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