The partnership also includes the integration of Circle’s Cross-Chain Transfer Protocol (CCTP) with the OKEx DEX aggregator to enable USDC cross-chain swaps across the Ethereum, Avalanche, Arbitrum and OP mainnet ecosystems.
global crypto exchange okx and stablecoin issuer Circle have partnered to bring usdc Features of OKX Wallet and OKX DEX Aggregator. This is in line with the joint announcement made by the companies in September.
Strap in for a next-gen USDC experience with #OKXWallet and @Circle! 🎉
Enjoy zero-fee USDC transactions until October 5th. Users can also seamlessly transfer $USDC between leading chains like @Ethereum and @Avax.
Curious? Learn more ↓
— OKX (@okx) September 7, 2023
As part of OKEx Wallet’s Smart Account users’ will be able to transfer USDC without network fees.usdc zero network fee campaign‘ running from September 7 to October 5, 2023. For the duration of the campaign, users will be able to do five free transactions per day per device. According to the exchange, free trading can be done on 7 networks including Ethereum, OKTC, BNB Chain, Polygon, Optimism, Arbitrum One and Avalanche C, with a maximum discount of 5 USDC on each transaction.
Jason Lau, Chief Innovation Officer, OKEx Said,
“OKEX is committed to improving the usability and accessibility for users in the Web3 space, and now users have an even better experience interacting and transacting using USDC. In addition, users can transact gas-free without network fees using the recently launched smart account of OKEx Wallet and seamlessly exchange USDC across different networks through the built-in swap feature .
The partnership also includes the integration of Circle’s Cross-Chain Transfer Protocol (CCTP) with the OKEx DEX aggregator to enable USDC cross-chain swaps across the Ethereum, Avalanche, Arbitrum and OP mainnet ecosystems. USDC cross-chain functionality on the OKX DEX aggregator is expected to increase as new CCTP routes become available.
Circle Chief Strategy Officer and Head of Global Policy Dante Disparte notes,
“Circle is excited to improve access to DeFi with CCTP built on USDC and innovative gas abstraction features to streamline user experiences, pioneer transformative change in finance, and drive greater adoption of blockchain-powered technology.”
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Mercy Mutanya is a Tech Enthusiast, Digital Marketer, Author and IT Business Management student. He likes to read, write, do crosswords and watch his favorite TV series.
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