Demex Daily #257: Circle Introduces Native USDC on Sui Network

What’s Interesting Today:

Circle has launched native USDC on the Sui Network, enabling direct access for developers and users without bridging. The mainnet and testnet addresses have been established, with Wormhole facilitating the integration of the upcoming Cross-Chain Transfer Protocol (CCTP) for seamless asset transfers. Leading applications in DeFi, gaming, and ecommerce, such as Cetus and Navi Protocol, are expected to support native USDC. Businesses can use Circle Mint and its APIs for efficient on/off-ramps, allowing cost-effective deposits and withdrawals across supported chains. Overall, USDC is now natively available on 16 blockchain networks, providing a stable foundation for application development.

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Alchemy Pay has integrated its virtual cards with Samsung Pay, enabling users to make seamless crypto payments in-store and online. Announced on October 8, this feature follows Alchemy Pay's recent integration with Google Pay and allows its 500,000 virtual card users to pay at popular platforms like Amazon and Netflix. To start using the service, users can add their Alchemy Pay card to the Samsung Pay app. Alchemy Pay aims to expand its supported payment platforms and enhance integration with major card networks like Visa and Mastercard, further establishing its presence in the crypto payment sector.